Jacob Rees-Mogg meets with electric car campaigner
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Specialists at NewAutoMotive warn plans for a Zero Emissions Vehicle (ZEV) Mandate would see prices rise for models with an internal combustion engine such as petrol and diesel vehicles. A zero-emissions mandate would require manufacturers to produce a certain number of electric cars each year.
Manufacturers would earn credits for selling qualifying vehicles and would be required to hold enough credits at the end of the year to meet the target.
The scheme is already in place in California, but Transport Secretary Grant Shapps recently suggested the scheme could be an option as part of new regulations now the UK has left the EU.
However, experts say the plan could be “good news” as drivers would see “price reductions” in some of the newest electric models.
They also claim a mandate could “bring down wait times” for electric models which could encourage more road users to make the switch.
Ben Neimes, spokesperson for NewAutoMotive. said: “For consumers, it should be good news.
“Having a new revenue source for manufacturers who produce more electric cars could feed through into price reductions in electric cars.
“If you’re penalised because you’re producing mainly non-electric cars, if you’re paying a regulatory penalty, you need to get more revenue from elsewhere so that should push up the price of non-electric cars.
“That should address some of the market imbalances between electric cars and non-electric cars.
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“It should also pull more manufacturers into the EV market, bringing forward more models.
“One of the most common complaints we hear from consumers is that there is not an electric car that is suitable to their needs.
“Whether it’s the range, whether it’s the space or having a car that’s small enough or big enough.
“Having more manufacturers coming forward with more models to try and sell more electric cars can only be a good thing for consumers.
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