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Stellantis<\/a> NV will quit making vehicles in the UK unless the government eases electric-vehicle sales targets, just months after retooling one of its British plants to make only battery-powered vans.<\/p>\n The zero-emissions vehicle sales targets are unsustainable, Maria Grazia Davino, the company\u2019s managing director for the region, told reporters Tuesday. The comments come as the UK heads for a general election on July 4 with both the incumbent Conservative as well as the Labour Party set to stick with current electric sales targets.<\/p>\n The UK has introduced rules requiring that 22% of each manufacturer\u2019s new car sales be zero-emission this year, rising to 80% in 2030. For vans, 70% of new sales have to be electric by then.\u00a0<\/p>\n With demand for EVs slowing, Davino said Stellantis would be forced to make discounts to meet the targets that risk fines of as much as \u00a315,000 ($19,022) per vehicle for those failing to comply. Labour has committed to keeping the mandate in place should it win the general election next week.<\/p>\n Stellantis makes small electric vans across its Vauxhall, Citro\u00ebn, Peugeot<\/a>, Opel and Fiat brands at its site in Ellesmere Port, following a \u00a3100 million investment to turn the factory into an electric-only plant last year. The company also manufactures mid-size vans in Luton near London.<\/p>\n \u201cWe have undertaken big investments both in Ellesmere Port and in Luton and more to come,\u201d Davino said at the SMMT International Automotive Summit in London. \u201cBut if this market becomes hostile for us we will enter an evaluation of producing elsewhere.\u201d<\/p>\n It\u2019s not the first time Stellantis\u00a0has threatened to leave the UK<\/a>. Last year, the company warned it would shut factories unless potential tariffs on its electric vans exported to the European Union were renegotiated. A deal between the EU and UK was ultimately struck before the deadline.<\/p>\n Stellantis is warning about the UK\u2019s EV sales goals as consumer demand has slowed in recent months amid persistently high prices and patchy charging infrastructure. Davino said the targets rising through 2030 \u201ccould be very damaging.\u201d<\/p>\n \u201cIf demand does not follow the offer, then we will be forced to take decisions \u2014 because we manage profit and loss, we manage operational decisions \u2014 that are impacting the UK,\u201d she said.<\/p>\n When asked how long Stellantis, the UK\u2019s best-selling van manufacturer, could continue without changes to the mandate, she said: \u201cLess than a year.\u201d<\/p>\n Stellantis sold almost 216,000 new cars in the UK last year, accounting for about 11% of the total market, including more than 100,000 under the Vauxhall brand.<\/p>\n<\/div>\n\nSubscribe to Fortune Crypto to get daily updates on the coins, companies, and people shaping the world of crypto. Sign up<\/a> for the newsletter for free.<\/div>\n<\/div>\n