Carmakers Delay UK Factory Investments Pending Relaxation of EV Sales Rules

automotive industry

30 July 2026 at 1:32 pm

Carmakers Delay UK Factory Investments Pending Relaxation of EV Sales Rules

HyperFast News

Summary

Carmakers are reportedly delaying investments in UK factories, awaiting relaxation of electric vehicle (EV) sales rules. Mike Hawes, CEO of the Society of Motor Manufacturers and Traders (SMMT), stated that companies are holding back on building new models until the mandate for increasing EV sales is eased.

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