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UK electric car sales target set to be weakened
Key takeaways
- Jonathan Josephs Business correspondent Getty Images The UK government is set to water down its target for how many new cars that are sold need to be electric vehicles (EVs).
- Under the current rules, 80% of all new cars sold in the UK need to be EVs by 2030, but car makers and trade unions have been lobbying government for years to reduce the target because of concerns costs and jobs.
- Meanwhile, sustainability groups say any weakening of the target will threaten the UK's long-term electrification and climate goals.
Why this matters: a developing story that could shape the day's news cycle.
Jonathan Josephs Business correspondent Getty Images The UK government is set to water down its target for how many new cars that are sold need to be electric vehicles (EVs).
Under the current rules, 80% of all new cars sold in the UK need to be EVs by 2030, but car makers and trade unions have been lobbying government for years to reduce the target because of concerns costs and jobs.
Meanwhile, sustainability groups say any weakening of the target will threaten the UK's long-term electrification and climate goals.
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