Comment on zero emission vehicle mandate

“A new electric car today is a second hand EV in about three years time which is cheaper to drive at around the same sticker price as a second hand petrol car. The mandate will give motorists buying second hand a wider choice and the chance to fill up the ‘tank’ for as little as a fiver and save more than £1200 a year.

“The extra EVs that will be made available on the second hand market through the introduction of a ZEV mandate will save UK drivers an extra £16.5bn in motoring costs in the coming years. [2]

“This Government’s policy will make motorists richer and motoring cleaner and quieter – the best way that the Prime Minister can demonstrate he is on the side of motorists. His recent U-turn on the phase-out of new petrol cars left car manufacturers and investors shaken, damaging the UK’s appeal as a place to do business. This move will go some way to reassuring them assuming no further U-turns on the net zero transition follow. The stakes are huge. Should the UK car industry be unable to make the transition to building EVs, export revenues could collapse by more than £13bn in 2030 alone. [3]

“The fact that fleets are leading the way in driving up EV sales is good news for motorists as it mean more affordable EVs coming on to the second hand market sooner.”