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This is well adrift of the 10% quota set by the government ZEV Mandate and the position has deteriorated. The Society of Motor Manufacturers & Traders, which released the figures said it was a cause for concern. Deliveries of battery electric vans (BEVs) fell for a third month this year, down -16.8%
Leclerc told the assembled crowd about the investment Honda announced last week — the biggest by the manufacturer in North America — and the biggest by any OEM in Canada. He also noted that Honda, similar to all other OEMs, have to comply with federal government regulations to sell a certain quota of EVs. We’re excited about that.
Drive understands, based on speaking to multiple sources, the cost per car can vary from one manufacturer to another, but is estimated to be – on average – between $25 and $100. The NVES is due to come into effect from 1 January 2025, with fines for manufacturers failing to meet their emissions targets starting from 1 July 2025.
Affordability remains an issue for many as the cost to change even for ICE cars seems to have shot up in the period since the pandemic, and mandated sales quotas for BEVs (or at least low emissions vehicles) will affect the EU next year, potentially driving similar behaviours by OEMs that we have seen in the UK this year.
Affordable petrol cars are bad for car makers CO2 quotas and, in spite of the demand from customers, are increasingly difficult to make a profit on. Dacia Spring vs Leapmotor T03: Design and engineering Encouragingly, both manufacturers are reputable enough to dispel such concerns. We want cheap cars, but not like that.
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