Commentary | EV pay-per-mile tax
We need more carrot and less stick if we’re serious about the electric transition. The Chancellor clearly needs to raise revenue but if she wants to encourage EV adoption, she should think extremely carefully before introducing pay-per-mile charging for EVs. Drivers respond to incentives and anything that puts up running costs for electric vehicles will slow that momentum. We’ve already seen changes to Vehicle Excise Duty this year, making the cost of driving new EVs more expensive. The same goes for hitting employee ownership schemes with company car taxes.
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