Although the ban on sales of new ICE cars has been pushed out to 2035 the targets for an increasing proportion of new vehicle sales to be EVs remains with a penalty per vehicle short of the target charged to manufacturers. For the market overall this means that manufacturers have an incentive to make an EV cheaper than the equivalent ICE model. Or at least, prices become close enough that after accounting for the cheaper road tax and fuel the EV is the lower cost option for the end user. For us on Motability it might mean discounted EVs when manufacturers are at risk of falling short of their target for that year. It may also mean ICE models disappearing from the scheme because every 1 sold disadvantages the manufacturer. Every ICE sold takes them further away from achieving their proportion of sales are EVs target. But I expect it’s too early for that to work in to the coming quarter. In time it might mean low APs on ICE models because they will hold residual value when new models can no longer be sold but that won’t be until at least 2032 and we’ll all be in self-driving flying cars by then anyway.