finance

Firms forced to sell more electric cars despite petrol ban delay


If a car maker fails to hit the 22% electric vehicle sales target, it will either face fines of £15,000 per vehicle, or have to buy a surplus credit from a company that has sold lots of electric vehicles. However, a firm could claim back penalties if it surpasses the quota in a future way.



READ SOURCE

Readers Also Like:  AI is not the problem, prime minister – but the corporations that control it are | John Naughton

This website uses cookies. By continuing to use this site, you accept our use of cookies.