UK car production declines due to 'tremendous pressure' towards EVs

Ford also said last week it would cut 800 jobs in the UK over the next three years due to difficult trading conditions, including increased competition and falling demand for electric vehicles (EVs).

Mike Hawes, SMMT chief executive, said: “This is a very worrying time for the automotive industry, with significant investment in factories and new zero-emission products under extreme pressure.”

He said that while demand for EVs is slowing globally, manufacturers in the UK are having to contend with “the toughest targets and most accelerated schedules” without the incentives customers need to drive demand.

Although electric vehicle production fell in October, electric vehicle sales in the UK are increasing.

It accounted for one in five registered cars in October, but industry sources claim this is mainly due to unsustainable discounts.

There is growing conflict between the government and industry over the phasing out of sales of new petrol and diesel cars over the next few years.

The UK's zero-emission vehicle (ZEV) mandate requires manufacturers to sell a certain proportion of zero-emission cars and vans ahead of 2030, when sales of new petrol and diesel cars will now be banned.

By 2024, electric vehicles should account for 22% of automakers' car sales and 10% of van sales. This target is set to rise.

For every sale outside the mandate, the company must pay a fine of 15,000. However, you can also purchase “credits” from companies that can meet this obligation.

Business Secretary Jonathan Reynolds said there would be “rapid” consultation on how the EV target would be implemented.

But he also reiterated Labor's commitment to phase out sales of new petrol and diesel vehicles by 2030.

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