Nissan Motor urges UK to ease EV targets amid weak demand
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Nissan Motor has urged the UK government to relax its electric vehicle (EV) mandate, which requires 22% of new car sales to be EVs by 2024, citing weak consumer demand. The automaker warned that failing to meet this target could result in significant fines. Nissan called for more flexibility in credit borrowing and a two-year monitoring period due to the current market conditions. The UK is projected to miss the 2024 target, with only 18.1% of new vehicles being battery electric so far this year. Other automakers are also scaling back their electrification plans due to similar challenges.
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