Stellantis hits EV sales targets
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Stellantis, which plans to close its Vauxhall van-making factory in Luton, said it met the Government’s electric vehicle sales requirements for 2024. The company said it achieved the zero emission vehicle (Zev) mandate “through sales” last year. When Stellantis announced the closure of its Luton factory in November, putting 1,100 jobs at risk, it said the decision was made within the context of the “stringent” Zev mandate.
The steep trajectories of the Zev mandate are out of step from current demand. Under the mandate, at least 22% of new cars and 10% of new vans sold by each manufacturer in the UK in 2024 must have been zero-emission, which generally means pure electric.
Stellantis said it met the requirements with “strong sales of the group’s extensive line-up of electric vehicles, with 30 electric cars and vans on sale in the UK across 11 brands”. It added that it sold 39,492 electric cars in the UK in 2024. This represented a 59% increase on 2023 and resulted in a 10% share of the new electric car market.
The mandate percentages rise each year, such as to 28% of new cars and 16% of new vans this year, rising to 80% of new cars and 70% of new vans in 2030. Failure to abide by the mandate or make use of flexibilities – such as buying credits from rival companies or making more sales in future years – will result in a requirement to pay the Government £15,000 per polluting car sold above the limits.
