Decarbonisation of HGVs vital to UK’s move to net zero – SMMT

Mike Hawes, CEO of the Society of Motor Manufacturers and Traders (SMMT), has released a statement discussing how decarbonisation of HGVs is fundamental to the UK’s ambitions for net zero.

He said: “Data shows a record quarterly volume of new zero emission HGVs registered, quadrupling to represent 2.4% of the market, as more fleets realise the benefits of zero emission operations.

“Growing volumes more substantially will be tough, given the market is normalising following the past few years’ robust growth.

“However, the overall share of the market can certainly be grown if supported by ambitious plans for depot infrastructure and grid connections.”

Hawes also shared his thoughts on the upcoming budget, explaining that it needs to prioritise growth in the economy and in the market.

Hawes added: “SMMT will continue to champion the importance of investment and we look forward to our next Meet the Funder event in December, hosted in partnership with the Green Finance Institute, matching automotive start-ups, scale-ups and established suppliers with venture capital, private equity and auto industry players.”

He added: “With less than one week to go until SMMT’s 108th Annual Dinner, the event is set to be one of the busiest ever.

“We’re excited to welcome so many senior figures from across automotive, aligned industries, government and media, to discuss our sector’s year – and the opportunities that lie ahead. I hope to see you there.”