The UK government will announce tough new targets for electric vehicle (EV) sales in the coming weeks as part of its plan to phase out traditional cars. Prime Minister Rishi Sunak is committed to implementing the government’s ban on the sale of fossil fuel vehicles by 2030. These targets are expected to be announced soon and are believed to be the result of a £600 million investment by part of BMW at its Oxfordshire factory this week.
Clarity and certainty about these goals is crucial for companies like BMW that have invested heavily in electric vehicle production. Companies need to understand what they are looking for so they can effectively plan their future investments. This clarity is also important for the development of charging infrastructure, as companies have the confidence to invest in more charging points and meet the growing demand for electric vehicles.
However, there was resistance to these plans. Some have expressed concern about the lack of charging infrastructure currently available, with many people in rural areas struggling to find accessible charging stations. There are also concerns that consumers are still not convinced of the benefits of electric vehicles, which could lead to a political dispute.
Despite this criticism, the government is sticking to its commitment to phase out petrol and diesel vehicles by 2030. It has stated that it is working with industry to work towards this goal and will continue to support the transition to greener vehicles.
