The Conservative Party has announced plans to abolish the 2030 ban on new petrol and diesel cars if they secure victory in the next UK general election. This move, championed by Conservative leader Kemi Badenoch, aims to relieve the UK car industry from what she describes as economically damaging regulations.

A Shift in Policy

The Zero Emission Vehicle (ZEV) mandate, which requires car manufacturers to sell an increasing percentage of zero-emission vehicles, is at the center of this policy shift. Badenoch argues that the mandate, part of the UK's broader strategy to achieve net zero emissions by 2050, places undue pressure on domestic manufacturers and consumers. "Labour’s rush to net zero is having a disastrous effect on the UK car industry," Badenoch stated, emphasizing the need for a more balanced approach that supports innovation without imposing unrealistic deadlines.

Economic Implications

By scrapping the ZEV mandate, the Conservatives estimate a saving of £3.8 billion over the next decade, money that would otherwise be spent on regulatory compliance. While the party plans to cut subsidies associated with the mandate, they intend to maintain infrastructure funding to support the electric vehicle market's growth. This approach, Badenoch claims, will foster a stronger economy by backing businesses and encouraging technological advancement.

Opposition and Environmental Concerns

In contrast, the Labour Party has pledged to uphold the 2030 ban, arguing that it provides certainty for manufacturers and consumers. The party's stance aligns with the UK's commitment to reducing carbon emissions and achieving net zero by 2050. Environmental groups, including Greenpeace, have criticized the Conservative proposal, warning that it could disrupt the industry and hinder progress towards cleaner, more affordable vehicles. Doug Parr, Greenpeace UK's policy director, cautioned that a policy reversal could lead to chaos and job losses, leaving the UK lagging behind in the global shift towards electric vehicles.