Business Secretary Jonathan Reynolds announced potential revisions to the UK's zero emission vehicle (ZEV) mandate during a visit to Nissan's headquarters. Reynolds aims to ensure Nissan's long-term future in the UK by addressing concerns from car manufacturers regarding stringent sales targets and fines. Despite not specifying exact changes, he mentioned a shift in policy agreed with Nissan executives. Meanwhile, government sources denied any formal alteration to the EV sales targets but suggested possible "flexibilities" to aid manufacturers struggling with the current goals, which require a substantial increase in electric vehicle sales in coming years.
Although the Business Secretary declined to specify the precise nature of the changes discussed, insiders indicate that "nothing is off the table." However, government sources swiftly countered the idea of an official change in stance, insisting there is "no alteration" to the headline targets of the ZEV mandate—though they have long hinted that "more generous flexibilities" could be introduced to accommodate manufacturers.
Carmakers including Nissan, Ford and Stellantis (owner of Vauxhall) have criticised the stringent nature of the ZEV mandate. In particular, the potential £15,000-per-car fine for failing to meet set EV sales targets has been described as excessive, especially at a time when consumer demand for electric cars has not yet caught up with official ambitions.
We will do everything we can to make sure Nissan has that secure long-term future in the UK, making sure the business and regulatory environment reflects that. The whole Government is absolutely of the view that you will not get to the progress around net zero and the energy transition that we want to see by closing down British jobs and British industry.
Mr Reynolds assured senior executives that the Government was prepared to revise the so-called zero emission vehicle (ZEV) mandate to address concerns voiced by carmakers. Following the meeting, he said "a substantial change of policy" had been agreed, according to reports in The Times.
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