UK Faces EV Transition Challenges Amid Economic and Industry Concerns

TL;DR Summary
Ford UK is urging the government to introduce incentives to boost electric vehicle (EV) sales amid industry backlash over stringent sales targets. The call comes as Ford and Stellantis announce job cuts in the UK, partly due to EV targets. Ford's Lisa Brankin emphasized the need for government-backed incentives to increase EV demand, as current mandates require a significant percentage of sales to be zero-emission vehicles. The industry argues that demand for EVs is lower than expected, leading to heavy discounting and potential job losses.
Topics:top-news#business#electric-vehicles#ford#government-incentives#job-cuts#uk-automotive-industry
- Ford calls for incentives to buy electric cars as backlash grows BBC.com
- The UK will consult on sales targets for automakers during the transition to electric vehicles Yahoo Finance
- Britain's car industry is in crisis due to lack of demand for electric cars, warns boss of Ford - as she deman Daily Mail
- Cash-strapped Britain to water down green targets as economic reality bites POLITICO Europe
- Carmakers say British EV sales mandate to cost them $7.5 bln in 2024 Reuters.com
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