Yikes.
Previously, the UK said they will no longer allow gas, diesel or hybrid cars to be produced after 2040, but recently revised it to 2035 – just 15 years away. This means no more brand new ICE cars in the UK, only new EV cars and trucks will be allowed.
Not only was this moved up by 5 years, but Prime Minister Boris Johnson has said that he is trying to move this up even sooner.
With prices of EV’s still generally high, even for entry level EV’s such as the Nissan Leaf, Chevy Volt, or the Tesla Model 3, automakers need to move quickly to fill the void that will be left for consumers looking to spend under $25,000 or even under $20,000 for a new car.
In addition, the government, working with the private sector, needs to ensure there is a big network of charging stations available.
We’ll continue to update on new developments.
