Hi Steve,
Yes, that is my thoughts. I wrote this to DC back in July. So 100% agree with your comment.Hi Darryl,Hot off the press....Mandated as legislation in the UK!Supply chain has just got tighter again.New legislation has just come into force requiring all UK car manufacturers to meet targets for new electric car sales. Link below.That means less and less NDPR available around the world as the demand is now mandated by goverment, and with most if not all on the western supply chain spoken for, they need to get in quick and pay the big $$$. Here is the timeline for the UK, which will set the precedence for other governments around the world.What is the ZEV mandate in the UK?The ZEV Mandate is a legal requirement for car manufacturers to meet targets for new EV sales in the UK.
Annual ZEV Mandate targets to 20351 2024 22%2 2025 28%3 2026 33%4 2027 38%5 2028 52%6 2029 66%7 2030 80%8 2035 100%Make them earn their offtake, as we are in demand, and supply is only getting more scare!Kind RegardsLeigh Birch
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