Electric Vehicles and Bicycles

Part of the debate – in Westminster Hall at 4:45 pm on 9th May 2018.

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Photo of Julian Knight Julian Knight Conservative, Solihull 4:45 pm, 9th May 2018

Bringing forward the 2040 target will destroy the new car market, because no one will spend £50,000 on a Land Rover if they think it will be worth peanuts in five or eight years’ time. That is simple economics. I caution my hon. Friend that it is great to have the ambition, but setting an arbitrary date before 2040 would be a grave mistake.