Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Toyota to leave UK if government bans hybrid car sales from 2030

by August 2, 2022
August 2, 2022
Toyota to leave UK if government bans hybrid car sales from 2030

Toyota has threatened to stop manufacturing in the UK if the government goes ahead with its plans to ban the sale of hybrid cars from 2030.

The marquee told government officials the ban would constrain “manufacturing, retail and other business activities” as well as “future investment.”

“If the government adopts an SZEC [significant zero emission capability] requirement that causes an early end to the sale of new full hybrid electric and plug-in hybrid electric vehicle sales in 2030, there would be an impact on a number of areas,” reads a document sent by the Japanese multinational and seen by the Telegraph.

According to the document, Toyota also pushed back against ministers’ plan to have manufacturers increase the percentage of EV sold until 2035.

Car makers are set to incur hefty fines if they don’t comply.

As part of its net-zero strategy, the government has banned the sale of petrol and diesel cars from 2030, allowing greener hybrids to be sold until 2035.

“We’ve committed to ensuring all new cars and vans sold in the UK are zero emission at the tailpipe by 2035,” a DfT spokesperson told the outlet.

“Vehicle manufacturers and supply chains play a vital role in the transition to cleaner vehicles and we continue to work closely with the industry to help shape future regulations.”

Further legislation will be announced later this year, but it is expected that all but the newest plug-in vehicles will be banned, impacting the likes of Toyota’s hybrid Corolla.

The vehicle is made at Derbyshire’s Burnaston plant, which is one of the company’s two factories in the UK.

With a total investment of £2.75bn, Burnaston – alongside Toyota’s engine factory in Deeside, North Wales – employs around 3,000 people.

The fourth largest manufacturer in the UK after Nissan, Jaguar Land Rover and Mini, Toyota has claimed that its hybrid models were less polluting than petrol and diesel cars. .

The group said its response to government consultations “covered many details” and that it would continue discussions with the UK Government, with whom Toyota shares the ambition to “make progress towards zero emission.”

“We have a clear roadmap for achieving zero emission vehicles,” a company spokesperson said.

“Toyota is focused on achieving a long term and sustainable future including for our UK plants, as we move towards our ultimate goal of securing carbon neutral operations.”

Read more:
Toyota to leave UK if government bans hybrid car sales from 2030

0
FacebookTwitterGoogle +Pinterest
previous post
House prices climb 11% despite cost of living squeeze
next post
Insolvencies surge to highest rates since financial crash as voluntary bankruptcies hit record levels

You may also like

The benefits of working with a mortgage broker...

June 2, 2023

Fantastic Gifts For Your Mum When You Cannot...

October 4, 2023

Elon Musk blames ‘massive’ cyberattack for X outage

March 11, 2025

Dark mode may sap more battery life if...

February 20, 2025

Utopi enters high-growth phase

July 31, 2023

Swallowing up rivals comes at a cost for...

March 2, 2023

Claude Littner Departs “The Apprentice” Due to Lingering...

February 9, 2024

Marketing: It’s the emotion, stupid

June 12, 2024

Parents forced to stay at home as thousands...

February 28, 2023

An Analysis of the Current Online Casino Landscape...

March 21, 2023

The benefits of working with a mortgage broker...

June 2, 2023

Fantastic Gifts For Your Mum When You Cannot...

October 4, 2023

Elon Musk blames ‘massive’ cyberattack for X outage

March 11, 2025

Dark mode may sap more battery life if...

February 20, 2025

Utopi enters high-growth phase

July 31, 2023

Swallowing up rivals comes at a cost for...

March 2, 2023

Claude Littner Departs “The Apprentice” Due to Lingering...

February 9, 2024

Marketing: It’s the emotion, stupid

June 12, 2024

Parents forced to stay at home as thousands...

February 28, 2023

An Analysis of the Current Online Casino Landscape...

March 21, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Iran regime escalates repression toward ‘North Korea-style model of isolation and control’

      July 4, 2025
    • UK revealed as Europe’s worst country for commuters in new ranking

      July 4, 2025
    • This July 4th, a family waits: American hostage’s father pleads for son’s freedom from Hamas terrorists

      July 4, 2025
    • $88m methane-tracking satellite lost in space, dealing major blow to climate monitoring

      July 4, 2025
    • New US visa rules will force foreign students to unlock social media profiles

      July 4, 2025
    • The real Formula 1: British Grand Prix highlights UK’s £16bn motorsport economy

      July 4, 2025

    Categories

    • Business (8,393)
    • Investing (2,102)
    • Politics (15,945)
    • Stocks (3,189)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved