The organisation has long pushed for a California-style ZEV, having campaigned for the new rules for more than two years.
He added: “The policy will cut costs for motorists and extend consumer choice - and by giving policy stability, it will support expansion of the charging network, grid resilience and more secure supply chains.
“Indecision and delay are the parents of failure - delaying the transition to electric cars and vans will deter consumers and disrupt business confidence.
“Rather than relying on miracle technologies or costly scrappage schemes to encourage owners to give up polluting vehicles, it would be cheaper and greener to reinstate the sensible and achievable target of ending sales of petrol and diesel cars by 2030.”
New AutoMotive claim that restoring the 2030 deadline would reduce the UK’s demand for oil by an amount equal to all the additional supply which the UK expects to extract, refine and consume between now and 2050 under the new North Sea licences.
Speaking at the time of the ban announcement, Rishi Sunak said the UK’s car industry needed to be strengthened to downplay the reliance on countries like China.
He added: “You'll still be able to buy petrol and diesel cars and vans until 2035. Even after that, you'll still be able to buy and sell them secondhand.”
Labour has vowed to reinstate the 2030 ban if they win the next election, according to shadow business secretary Jonathan Reynolds.