Government confirms new vehicles will be zero emissions by 2040
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The Department for Transport is seeking views from individuals and businesses over the new driving laws which will affect all new road vehicles in the UK. The changes will see the introduction of a UK zero-emission vehicle mandate as well as tighter CO2 regulations.
This will force manufacturers to sell a certain proportion of zero-emissions vehicles to meet their target.
Failure to sell enough electric models will force firms to pay back additional “credits” from other car firms.
Those who fail to reach their targets will be issued fines so would place importance on them to push forward to make more EV sales.
In their Green Paper, the DfT said a new Zero Emissions Vehicle (ZEV) mandate would “increase confidence” in motoring and allow firms to “accelerate investment”.
They also confirmed the introduction of a zero-emissions mandate was the Government’s “preferred option”.
They said: “Moving to a ZEV mandate framework would guarantee the proportion of ZEVs being sold in the UK each year.
“Increasing in line with our commitments and setting a clear pathway to the 2030 and 2035 phase-out commitments.
“As manufacturers would be required to hold a certain amount of credits at the end of each year, either by selling relevant vehicles or by buying credits from manufacturers that have overachieved against their target, it ensures that a certain number of ZEVs are deployed.”
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It added: “Setting out clear numbers of ZEVs to be sold in the UK each year will deliver increased confidence to investors in the ZEV ecosystem.
“Having guaranteed numbers of ZEVs on the road will allow chargepoint operators to accelerate investment in the charge point network.”
However, the DfT warned the new system does come with considerable risks and disadvantages.
They said the new system would need to be set up in a way which “facilitates rapid transition” of electric vehicles.
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