Stellantis, the company behind Vauxhall, surpassed the UK government's electric vehicle sales mandate for 2024. While announcing the closure of its Luton factory, Stellantis criticized the target's steep trajectory. Despite this, the company became the UK's best-selling electric van manufacturer in 2024.
Stellantis, the company that owns Vauxhall , exceeded the UK government's electric vehicle (EV) sales mandate for 2024, despite publicly criticizing the target and announcing the closure of its Luton factory. The company, which also owns Peugeot, Citroen, and Fiat, was the UK's best-selling electric van manufacturer in 2024, selling 7,821 electric vans. While Stellantis surpassed the 2024 goal, it didn't disclose the percentage of sales that were electric cars and vans.
It did state that it sold 39,492 electric cars in 2024, a 59% increase from 2023. The UK government's zero-emission vehicle mandate (ZEV) requires car makers to ensure 22% of their annual sales are electric vehicles. Financial penalties are imposed on manufacturers if zero-emission cars make up less than 22% of all new sales. Despite this, Stellantis UK's group managing director Eurig Druce criticized the mandate, saying 'the steep trajectories of the ZEV mandate are out of step from current demand.' He added that consumers need more encouragement from the government to buy EVs. In response to industry complaints and job losses, the government announced a consultation on the ZEV goal. However, data from the Society of Motor Manufacturers and Traders (SMMT) showed that battery electric vehicles (BEVs) accounted for 25% of new car registrations in November 2024, exceeding the government target. Campaign group New Automotive hailed the figures, saying, 'The lessons for ministers are clear: the UK's targets are working, consumer demand is there, manufacturers are delivering, and the UK is poised to benefit from greener, cheaper transport.' The Department for Transport stated, 'The UK is now the largest EV market in Europe and, thanks to the flexibilities of the ZEV Mandate, we are confident that the whole industry will meet targets and that no car manufacturer will need to pay fines.' 'We're investing over £2.3bn to make the transition to zero-emissions vehicles a success, unlocking a multibillion-pound industry and creating high-quality jobs that will drive growth for decades to come.
Automotive ELECTRIC VEHICLES UK STELLANTIS VAUXHALL ZEV MANDATE GOVERNMENT TARGETS AUTOMOTIVE INDUSTRY
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