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      FTSE 100 Live: Stocks to dip as oil surges after US-Iran ceasefire expires

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EV mandate

  • UK government unveils changes to electric vehicle rules

    April 7, 2025

    Prime Minister Keir Starmer has launched new reforms to bolster Britain’s automotive industry and accelerate the transition to electric vehicles (EVs). This move reaffirms the 2030 phase-out date for new petrol and diesel car sales, while offering carmakers more flexibility to meet ambitious green targets. The changes come in response to US President Donald Trump’s [...]

  • Government poised for ‘substantial change’ to ZEV Mandate after Nissan lobbying

    March 7, 2025

    The government has indicated it plans to relax electric vehicle sales quotas after Nissan claimed they threatened the future of its Sunderland manufacturing plant. Jonathan Reynolds told the Times a “substantial change of policy” had been agreed. “We will do everything we can to make sure Nissan has that secure long-term future in the UK, [...]

  • New car market in UK up 2.6 per cent in 2024, figures reveal

    January 4, 2025

    The UK’s new car market recorded its second successive year of growth with a 2.6 per cent rise in registrations in 2024, new figures show. Industry body the Society of Motor Manufacturers and Traders (SMMT) said around 1,953,000 new cars were registered last year, compared with 1,903,000 in 2023. Growth was delivered entirely by purchases [...]

  • Stellantis closure: UK carmakers face ‘global’ challenges, Reynolds warns

    November 27, 2024

    UK carmakers are facing “global challenges”, Jonathan Reynolds has warned, in the wake of Vauxhall owner Stellantis announcing plans to close its Luton plant. The business secretary said issues in the industry amid the shift to electric vehicles weren’t limited to the firm and insisted ministers did “everything we possibly could” to avert closure. Dutch [...]

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