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Almost two-thirds of fleets believe implementing a ban on the sale of new petrol and diesel cars from 2030 is too soon, new research suggests.
The Government had previously said it would end the sale of new internal combustion engine (ICE) cars and vans by 2040.
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Fleet News survey completed by more than 600 fleet decision-makers showed that fewer than a third (29%) agreed with the implementation date for cars.
One-in-five fleets (21%) would have preferred the ban for cars to be introduced from 2035, with a similar number (22%) suggesting a start date of 2040 – the original date chosen by the Government.
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The Government has admitted in a new report that tax revenues are at significant risk from the switch to electric vehicles (EVs).
Tax receipts, which are wholly dependent on individuals’ and businesses’ consumption of fossil fuels or emission of greenhouse gases, equated to £37 billion in 2019-20 or just over 4% of total revenues.
However, much of this revenue is likely to be “eroded during the transition to a net zero economy”, with the tax take “wholly or partially at risk”, it says.
The report says that the UK still needs to act to maintain the “sustainability” of public finances as it achieves net zero.
Click the thumbs up >Last year, I spoke about the ‘ABC of change’, predicting that air quality, Brexit and changing business models would be the three core drivers of change impacting the fleet sector during 2020.
When writing those words, I could not have predicted the extent to which change would feature.
When writing those words, I could not have predicted the extent to which change would feature.
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Click the thumbs up >The Government is being urged to work with the fleet sector to ensure any changes to motoring taxation are carried out in a timely, effective and proportionate way.
Ahead of the annual Spending Review (Wednesday, November 25), reports suggested that the Government was considering reviving road pricing plans to counter lost tax revenues from the increasing adoption of electric vehicles (EVs).
The fleet sector has already shown it is receptive to road pricing as a replacement to other road and fuel duties. Fleet News has been calling for the Government to launch a feasibility study since its Fleet Industry Manifesto report in 2015.