Net zero rules force Britain’s oldest race car maker to halt production
Story by Gareth Corfield • 18h
Net zero rules have forced Britain’s oldest racing car maker to halt work on its next petrol-engined model, its chief executive has said.
Lawrence Whittaker, chief executive officer of Lister Cars, said that the Government’s zero emission vehicle (ZEV) mandate had forced him to halt millions of pounds’ worth of work on the company’s next vehicle.
The Cambridge-based racing car maker had to “put all our eggs into one basket”, he said, meaning it could not afford to make speculative electric or hybrid designs in case its petrolhead fans did not buy them.
News that Lister Cars is suspending work on its new design comes as large automotive manufacturers face punitive fines unless 28 per cent of all new car sales this year are of vehicles powered by electric motors instead of a conventional petrol or diesel engine.
https://www.msn.com/en-us/autos/news/net-zero-rules-force-britain-s-oldest-race-car-maker-to-halt-production/ar-AA1y4oda?ocid=msedgdhp&pc=HCTS&cvid=918ab985d7b141c4959504a9e33f0d1c&ei=70