Tavares orders strategic review of Stellantis UK due to ZEV Mandate risk

Stellantis chief executive Carlos Tavares has demanded a re-examination of the vehicle manufacturer's business prospects in the UK in light of the impact of the zero emission vehicles (ZEV) Mandate.

He said the government's policy is "damaging" to Stellantis.

The UK Government has set the ZEV Mandate to require car and van brands to hit ambitious EV sales mix targets or face hugely punative fines of £15,000 per vehicle in the years up to 2030.

Tavares, speaking as he described Stellantis's half-year results as a "disappointing" performance globally, said there is a "specific problem" with the UK that needs to be fixed, and given than Stellantis has vehicle assembly plants in the UK, at Luton and Ellesmere Port, that problem is driving a re-examination of the business here.

"The UK has shown to be, with the ZEV Mandate, a very difficult market.