UK Government May Relax Rules On EV Targets ...Middle East

OILPRICE - Economy
UK Government May Relax Rules On EV Targets
source : OILPRICE ( Middle East ) () 81
The UK government is set to review electric vehicle (EV) sales rules through a "fast track" consultation, following pressure from carmakers who argue that current sales targets are too ambitious given weaker-than-expected demand, according to the BBC.  Business Secretary Jonathan Reynolds is expected to announce the consultation at the Society of Motor Manufacturers and Traders’ annual dinner on Tuesday. Under existing rules, EVs must account for 22% of car sales and 10% of van sales this year, with non-compliance resulting in £15,000…

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