Energy Investing - Angry carmakers warn the UK announced move to delay EV's undermines efforts to switch - Energy Investing - InvestorVillage


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Msg  521852 of 536621  at  9/21/2023 4:15:26 PM  by

moneyonomics


Angry carmakers warn the UK announced move to delay EV's undermines efforts to switch

E repost

UK delays ev mandate by five years.

 
<<<London CNN  — 

The UK government said Wednesday it would delay a ban on the sale of new gas and diesel cars by five years, angering carmakers who warned the move would undermine the industry’s efforts to switch to electric vehicles.

The delay was announced by Prime Minister Rishi Sunak as he watered down some of the government’s green energy policies, despite fierce opposition from climate campaigners, members of his own party and business.

“We seem to have defaulted to an approach that will impose unacceptable costs on hard-pressed British families,” Sunak said. If the government stuck to its current climate policies “we risk losing the consent of the British people.”

Sunak said people would be able to buy new gasoline and diesel cars until 2035, instead of 2030, aligning the UK with countries such as Germany, France, Spain, Italy, Canada and Sweden.>>>

Msg  72805 of 72805  at  9/21/2023 4:08:40 PM  by

realinvestmentstrategies

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521869 Re: Angry carmakers warn the UK announced move to delay EV's undermines efforts to switch amstocks82 42 9/21/2023 6:54:11 PM




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