Stellantis, owner of Vauxhall, faces exclusion from Labour’s EV grant scheme due to reliance on Polish factories. Cars made in Poland may miss out on £3,750 grants and face net zero rules scrutiny. Chinese-made cars also at risk. Scheme to assess carmakers on eco-credentials and supply chains.
Government’s grant scheme weights carmakers on EV assembly and battery production locations. Stellantis may be penalized for Polish dependence. Electrifying.com CEO warns Poland’s coal-heavy energy mix could exclude batteries from grants. Uncertainty causes complaints from industry executives affecting marketing strategies.
Chinese manufacturers like BYD slash UK car prices due to potential exclusion. Electric Vehicles UK CEO says some carmakers discount ahead of time. Whitehall source acknowledges potential block for Western manufacturers but aims for inclusivity. Stellantis welcomes government support and confident in eligibility for grants.
Stellantis applying for grants for electric vehicles. Western manufacturers face potential exclusion due to grant scheme rules. Incentivizing green manufacturing key to grant eligibility. Stellantis confident in eligibility for a wide range of electric vehicles manufactured in the UK and Western Europe. Stellantis, the parent company of Peugeot, Citroën and Fiat, is facing the possibility of being excluded from green grants due to concerns about the environmental impact of its vehicles. This decision could have significant implications for the company’s future sustainability efforts.
Read more at Yahoo Finance: Vauxhall owner risks exclusion from Labour electric car scheme
