Currently reading: Stellantis will shrink UK operations without ZEV mandate changes

Europe boss Emanuele Cappellano says car makers are bleeding money in trying to hit EV targets

Vauxhall owner Stellantis has warned it may have to shrink sales operations in the UK because it can’t meet future government targets on electric cars without losing money.

“From a sales perspective, the regulation is forcing car makers to lose money,” Emanuele Cappellano, head of Stellantis in Europe, told Autocar. “The only ones who benefit are Chinese importers.”

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