Some auto manufacturers are in trouble in the UK. They are going to be fined around 600,000 THB per car they sell that fails to enable them to hit a 22% threshold on EV's (not sure if PHEV count, but I know a man who will comment, cue: Vinny)
Separate research by The Telegraph motoring desk show a litany of seemingly successful companies which, with only a month to the end of the year, are facing massive bills for non-compliance.
Electric-only producers such as Tesla and BYD are obviously in the clear, with BMW, Mercedes-Benz, Jeep and Cupra – along with MG – having EV sales comfortably over this year’s 22 per cent threshold. In fact, some of those companies are trading their surplus in a carbon market that has been encouraged by Government.
Less comfortable are Lexus, Hyundai, Vauxhall, Honda and Audi.
Those selling large volumes of cars, many of them uncompliant with the ZEV mandate, face the largest fines. Think Toyota, Skoda, Kia, Nissan, Volkswagen, Ford, Mazda, Jaguar Land Rover, Seat and Suzuki.
How the Zero Emissions Vehicle mandate is skewing the UK car market