Wednesday, 4 December 2024
Home Topics Business Ford UK chair calls on government for EV incentives, Sky News reports
BusinessEconomyElectric Vehicles (EVs)NewsPolitics

Ford UK chair calls on government for EV incentives, Sky News reports

10
FILE PHOTO: Ford logo is seen in a rim at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay/File Photo
Ford logo is seen in a rim at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. —REUTERS/Wolfgang Rattay/File Photo

Ford Motor Co’s UK chair has called on the British government to provide consumer incentives of up to £5,000 per electric vehicle, Sky News reported on Tuesday.

Global automakers face new challenges as they struggle to profit from their electrified ventures, with stiff competition from affordable Chinese vehicles and uneven EV demand.

Lisa Brankin, Ford’s UK and Ireland chair, said direct support for consumers to purchase zero-emission vehicles was crucial for industry viability, according to the report.

Ford did not immediately respond to a request for comment.

In November, Reuters reported that U.S. President-elect Donald Trump’s transition team was planning to eliminate the $7,500 consumer tax credit for EV purchases as part of broader tax-reform legislation.

(Reporting by Nathan Gomes in Bengaluru; Editing by Tasim Zahid)

Related Articles

The ICJ is working on a new legal framework on how to tackle climate change (ANP)
ClimateEmissionsEnvironmentIndigenousLegislationPoliticsRegulationsUnited Nations

Stick to current climate change laws, US tells top UN court

US urges ICJ to uphold UN climate accords, sparking backlash from activists...

Pope Francis is presented a new fully electric popemobile at the Vatican (AFP)
ClimateElectric Vehicles (EVs)EmissionsEnvironmentPoliticsUnited Nations

Pope Francis receives electric popemobile from Mercedes

Mercedes-Benz delivered an electric popemobile to the Vatican on Wednesday for use...

FILE PHOTO: Electric power transmission pylon miniatures and Duke Energy logo are seen in this illustration taken December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
ClimateCoalElectricityEmissionsEnvironmentNatural GasUtilities

North Carolina town files lawsuit against Duke Energy over climate crisis

Carrboro sues Duke Energy, alleging decades of climate deception, rising costs, and...

Login into your Account

Please login to like, dislike or bookmark this article.