Labour risks thousands of jobs as changes to 2030 petrol and diesel ban may hammer auto sector

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Labour risks thousands of jobs as changes to 2030 petrol and diesel ban may hammer auto sector.

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Labour has been urged not to weaken its Zero Emission Vehicle mandate, warning that any changes could put billions of pounds of investment at risk.In a letter sent to 10 Downing Street, electric vehicle charge point operator Believ warned that the current rules give investors the confidence they need to fund the expansion of Britain's public charging network.Believ warned that uncertainty over future EV policies could slow down the rollout of charging infrastructure, particularly in rural areas and communities where installation costs are higher.

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The company has committed more than £300million to public EV charging projects across the UK, although it warned that the Government needed to provide a stable regulatory environment.

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TRENDING Stories Videos Your Say The ZEV mandate requires all new petrol and diesel car sales to be electric by 2030, with at least 33 per cent electric by the end of this year.Believ said weakening the policy could increase borrowing costs and make investors...

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