SMMT warns the UK’s zero-emission vehicle rules threaten competitiveness and growth without immediate reform.
The UK’s Society of Motor Manufacturers and Traders (SMMT) demanded an urgent review of the Zero Emission Vehicle (ZEV) Mandate, citing misalignment with market conditions. The trade body warned that rising costs, global protectionism, and disinvestment risks are pressuring the sector, threatening its recovery and future growth.
SMMT’s latest report highlights recent progress, including £4 billion in DRIVE35 funding and trade deals with the US, India, and the GCC. However, it argues that gains could be undermined without reforms to the ZEV Mandate, fair UK-EU trade terms, and measures to reduce underlying costs. The report targets the incoming government, urging swift action to support investment and exports.
The call follows warnings that the UK risks falling behind in the global transition to electric vehicles. SMMT’s chief executive emphasized the need for policies that maintain competitiveness while ensuring the sector’s long-term viability.