The UK has implemented a key milestone by enacting legislation to require 80% of cars and 70% of new vans sold to be zero-emission vehicles by 2030, reaching 100% by 2035. This measure, which has now become law, supports the economy, industry and represents one of the largest carbon saving actions in the government's net zero strategy.
Progress towards decarbonization
The regulations, now in force from January 3, 2024, provide certainty for industry and manufacturers, providing a robust regulatory framework to safeguard British jobs. In addition, the government has invested billions to expand charging infrastructure and incentivize the adoption of zero-emission vehicles. “Alongside us having spent more than £2 billion in the transition to electric vehicles, our zero-emission vehicle mandate will further boost the economy and support manufacturers to safeguard skilled British jobs in the automotive industry.” Anthony Browne, Minister for Technology and Decarbonization, said.
What does the Zero Emission Vehicles Act imply?
Sets annual percentages of new emission-free vehicles for manufacturers until 2030: 80% of cars and 70% of vans sold in Great Britain will be emission-free by 2030, rising to 100% by 2035.
Impact on the economy and the market
These regulations aim to boost the economy, with support for the transition to electric, increased sales of second-hand electric vehicles and the expansion of charging infrastructure across the country.
Additionally, the government is supporting the transition through subsidies for electric vans, discounts on charging points and has seen a 41% increase in first-time zero-emission vehicles registered.
The automotive industry is already responding to these changes, with major investments in gigafactories and electric vehicle manufacturing by brands such as Nissan, Tata, BMW, Ford and Stellantis.
The UK is accelerating the installation of charging points, with over 50,000 public points already in operation and a projection to reach 300,000 by 2030. This is backed by a £381 million investment for local electric vehicle infrastructure and a £70 million pilot program for ultra-fast chargers in freeway service areas.
Cost reduction prospects
Several companies are already embracing this initiative. Uber, for example, as part of its Driver Plan, seeks to address cost reduction and expand the supply of electric vehicles on its platform, in line with this new law.
The UK is thus positioned with the most ambitious regulatory framework for the transition to electric vehicles compared to other countries, paving the way towards a more sustainable and emission-free mobility for the future.