Toyota’s UK profit almost wiped out amid ZEV mandate battle Transport and infrastructure Toyota’s UK profit has almost been wiped out as the carmaker battled a decline in market share and compliance with the ZEV [Zero Emission Vehicle] mandate. The Surrey-headquartered division has posted a pre-tax profit of £462,000 for the 12 months to 31 March, 2025, down from the £11.5m it achieved in the prior year. New [...]
Keep electric cars exempt from Congestion Charge, says Polestar boss Transport and infrastructure Electric car users should not be forced to pay London’s congestion charge, even at a discount, the boss of Polestar has said. Transport for London (TfL) last week unveiled proposals to hike the Congestion Charge by a fifth last week, the first increase since 2029. The announcement was coupled with news that electric vehicle (EV) [...]
Government poised for ‘substantial change’ to ZEV Mandate after Nissan lobbying 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, [...]
Ministers warned not to cave to ‘short-sighted’ carmakers on EV targets December 16, 2024 The government is currently considering relaxing new rules enforcing certain electric vehicle sales targets each year.