Hybrid car ban may be delayed as EVs under ‘intense pressure'
Portfolio Pulse from
The UK government is considering delaying the ban on hybrid car sales due to disagreements between ministers and carmakers. The Labour government aims to restore the 2030 deadline for phasing out polluting cars, including hybrids, which was previously delayed to 2035 by the Conservatives.
November 29, 2024 | 8:00 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Tata Motors (TTM), which produces hybrid vehicles, may be affected by the potential delay in the UK's hybrid car ban. The delay could provide more time for hybrid sales, impacting TTM's strategy.
Tata Motors, as a producer of hybrid vehicles, stands to benefit from a delay in the UK's hybrid car ban. This could allow the company to continue selling hybrids in the UK market for a longer period, potentially boosting short-term sales and revenue.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80