Rachel Reeves Facing Heat to Drop £2k Electric Car Tax

Dec 2, 2024 at 4:03 PM
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Climate Change and the Electric Vehicle Tax

Rachel Reeves is under pressure to scrap plans to impose a luxury car tax on electric vehicles. With EVs typically costing a third more than normal vehicles, a higher proportion of electric cars will be hit by the tax. Around 70 per cent of new electric vehicles will be saddled with the tax compared to 18 per cent of petrol and diesel vehicles. This could make electric vehicles unaffordable and undermine the government's net zero ambitions. 2: The car industry is also facing challenges as it tries to cope with current plans to boost the number of electric vehicles and phase out combustion-engines entirely by 2030. Business secretary Jonathan Reynolds announced a fast-track consultation into the plans, expressing concerns about how policies are operating. Meanwhile, the managing director of Ford UK warns that the car industry needs government-backed incentives to boost the uptake of electric vehicles.

Uber and Electric Vehicle Grants

Uber is making £5,000 grants available to its drivers in London who switch to an electric vehicle. This is an important step in encouraging the adoption of electric vehicles. By providing financial support, Uber is helping to make the transition to electric vehicles more accessible for its drivers. 2: However, there are still challenges to overcome. The expansion of the luxury car tax and the lack of incentives for consumers are some of the factors that are confusing consumers and making it difficult for them to switch to electric vehicles. We need to find ways to encourage mass adoption and make electric vehicles more affordable for everyone.