Reynolds Refuses to Rule Out Further Changes to ZEV Mandate

New retail market growth fuels Vertu Motors’ start to FY26

Vertu Motors’ full year results for FY26 are in line with current market expectations. Despite cautiousness with regards to consumer outlook and pressure in the new car market from the ZEV Mandate, the full year result is expected to be in line with current market expectations. Robert Forrester, Chief Executive Officer, said: “Since the beginning of the financial year, a period which includes the important trading month of March, the Group has t…

UK’s ZEV Mandate: Flexibility Amid Industry Uncertainty

Jonathan Reynolds, the UK’s business secretary, has reiterated the government’s commitment to the zero-emissions-vehicle (ZEV) mandate but has stopped short of ruling out future changes, leaving the door open for further adjustments based on market conditions. Speaking at the Society of Motor Manufacturers and Traders’ (SMMT) annual International Automotive Summit… Source

Reynolds refuses to rule out further changes to ZEV mandate

The business secretary has swerved calls from the automotive industry to rule out further changes to the controversial zero-emissions-vehicle mandate (ZEV mandate), saying he would continue to engage with industry to ensure it did not pose a threat to jobs or the uptake of electric vehicles (EVs). Jonathan Reynolds told the SMMT’s annual conference that while the government was “extremely committed” to the transition, there was a review clause i…