Tavares orders strategic overview of Stellantis UK resulting from ZEV Mandate danger
Stellantis chief govt Carlos Tavares has demanded a re-examination of the car producer’s enterprise prospects within the UK in gentle of the impression of the zero emission autos (ZEV) Mandate.
He mentioned the federal government’s coverage is “damaging” to Stellantis.
The UK Authorities has set the ZEV Mandate to require automotive and van manufacturers to hit formidable EV gross sales combine targets or face vastly punative fines of £15,000 per car within the years as much as 2030.
Tavares, talking as he described Stellantis’s half-year outcomes as a “disappointing” efficiency globally, mentioned there’s a “particular drawback” with the UK that must be mounted, and given than Stellantis has car meeting crops within the UK, at Luton and Ellesmere Port, that drawback is driving a re-examination of the enterprise right here.
“The UK has proven to be, with the ZEV Mandate, a really troublesome market.
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