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NFDA lobbies for vehicle electrification measures in Budget

NFDA lobbies for vehicle electrification measures in Budget

Posted on October 26, 2024 By rehan.rafique No Comments on NFDA lobbies for vehicle electrification measures in Budget

NFDA lobbies for vehicle electrification measures in BudgetThe National Franchised Dealers Association (NFDA) has renewed its call for the government to launch new initiatives to drive vehicle electrification.

The call comes ahead of next week’s Budget with the NFDA lobbying for a fairer business rate model, clearer road and ringing additional funding for UK road maintenance.

“Next week’s Autumn Budget will be the first under a Labour government since 2010, offering a vital opportunity for the new administration to outline and communicate its vision for the future of the sector,” said NFDA CEO Sue Robinson.

As part of NFDA’s Parliamentary engagement programme with the new government, NFDA hosted its annual Parliamentary Dinner last week. The event brought together members, MPs, and Lords, who were briefed on the significant contributions of the automotive retail sector to the UK economy.

Notably, amongst the attendees, was Lilian Greenwood, the Future Roads Minister.

Since then, NFDA has continued the dialogue, and this week received a second letter from the Minister, affirming the Government’s commitment to phasing out new internal combustion engine cars by 2030. The letter also reiterated the Government’s desire to work with NFDA and the wider industry during the transition to electric.

Robinson saidL  “By implementing measures including restimulating the private EV market through price incentives and by improving charging infrastructure, as well as establishing a more equitable business rates framework, the Government can support the industry in achieving its far-reaching objectives.

“NFDA also continues to oppose increases in fuel duty rates, which will only impose higher costs for British motorists at a time of relative global instability.

“NFDA continues to engage directly with Ministers responsible for the sector regarding many of these challenges and calls on sector support from the Chancellor in the Budget.”

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