Analysis: UK’s fossil fuel car ban delay may only stall investment

Britain’s Prime Minister, Rishi Sunak (R) meets workers during a visit to Land Rover for an announcement on an electric car battery factory on July 19, 2023 in Warwick, England. Christopher Furlong/Pool via REUTERS/File Photo Acquire Licensing RightsSummaryCompaniesUK delay unlikely to affect global pace of EV shiftAnalysts say delay is political, unsettles investorsSome brands plan to be fully electric before 2030LONDON, Sept 25 (Reuters) – Britain’s decision to delay a ban on new fossil fuel car sales may make little difference to the pace of a shift to electric vehicles (EVs), even though the news drew anger from automakers worried about …
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