ZEV Mandate updated to ease targets for VMs
The UK government has announced that the ZEV Mandate will be changed to make it easier for vehicle manufacturers to meet targets.
It has announced that the 2030 deadline for ending the sale of new petrol and diesel cars will remain in place, but it will increase flexibility of the mandate for manufacturers up to 2030.
Meanwhile, manufacturers will be able to sell new hybrids until 2035.
The government has also said that small manufacturers will be exempt from the ZEV Mandate while vans with an internal combustion engine will also be allowed to be sold until 2035, alongside full hybrids and plug-in hybrid vans.
The updated ZEV Mandate will:
- maintain the existing phase-out dates and headline trajectories for cars and vans
- extend the current ability to borrow in 2024-26, to enable repayment through to 2030
- extend the current ability to transfer non-ZEVs to ZEVs from 2024-26, out to 2029, giving significant additional flexibility to reward CO2 savings from hybrids – caps will be included to ensure credibility
- introduce a new flexibility by allowing for van to car transfer, i.e. one car credit will be exchanged for 0.4 van credits, and one van credit will be exchanged for two car credits
ZEV Mandate statement
Prime Minister, Keir Starmer, said: “Global trade is being transformed so we must go further and faster in reshaping our economy and our country through our Plan for Change.“I am determined to back British brilliance. Now more than ever UK businesses and working people need a government that steps up, not stands aside. That means action, not words. So today I am announcing bold changes to the way we support our car industry.
“This will help ensure home-grown firms can export British cars built by British workers around the world and the industry can look forward with confidence, as well as back with pride. And it will boost growth that puts money in working people’s pockets, the first priority of our Plan for Change.”
