“The recent proposed revisions to the ZEV Mandate have been welcomed by manufacturers, evidence that government recognizes some of the challenges facing the industry, not least the absence of robust consumer demand for EVs which is undermining competitiveness. In addition, given the UK is a significant producer of zero emission commercial vehicles, particularly for the domestic market, extensions to the grants for plug-in vans and trucks are critical if this vital market is going to grow in accordance with mandate ambitions,” said SMMT.

“Given the figures reflect the level of demand ahead of the announcements of new US tariffs, manufacturers face considerable uncertainty heading into Q2 as US demand likely weakens with knock on effects on other markets and the supply chains. Trade discussions must continue at pace to reach a deal that supports jobs, demand and growth on both sides of the Atlantic,” said SMMT.

“Increased protectionism and retaliatory tariffs being levied in key markets mean a rapid response from government is needed, given the immediate challenges facing the industry’s exports. It is also essential the UK does all it can to assure its longer term production competitiveness. Industry looks ahead to the comprehensive industrial strategy, due before the summer, which must have automotive and advanced manufacturing at its heart, and set concrete measures that support the growth of Britain’s most valuable goods export industry,” said SMMT.