STATEMENT: ‘Watering Down the ZEV Mandate Would Send Warning Signals to Investors’

Commenting on reports that the government is considering watering down the Zero Emission Vehicle (ZEV) mandate, UK Sustainable Investment and Finance Association (UKSIF) CEO James Alexander said (14/06/2026):

“Investors in the UK have been absolutely clear that the Zero Emission Vehicle (ZEV) mandate is vital for driving investment into our charging infrastructure.

“This framework has given the market confidence to commit vast sums of private capital to building out these networks across the country.

“Any attempt to water down these targets could send warning signals to these investors about the government’s long-term commitment to electrifying our transport network.

“This could threaten future financing for charging infrastructure, at a time when more and more consumers are seeking to switch to electric vehicles.”

ENDS

Notes to editors:

National polling commissioned by UKSIF found 74% of Brits want their council to maintain or increase support for the rollout of electric vehicle (EV) charging points – including nearly two-thirds of Reform UK voters – READ HERE