Cars: Petrol

(asked on 16th May 2023) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what assessment he has made of the potential economic impact of ban on the sale of petrol cars on UK households (a) in the lowest decile for mean household wealth (b) at the mean household wealth and (c) in the highest decile for household wealth.


Answered by
Richard Holden Portrait
Richard Holden
Minister without Portfolio (Cabinet Office)
This question was answered on 24th May 2023

The impact assessment for the ZEV mandate demonstrated that, over time, running cost savings of electric vehicles outweigh capital costs over a reasonable ownership period. Just as many households don’t buy new petrol cars today, there is no expectation that anyone will be forced to buy a new ZEV car, with the expectation that many consumers, as now, will prefer to buy second-hand.

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