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Trending “Whereas they get a lot of gain from doing incentives and that s actually what we’re seeing more of in terms of consultations.” The Department for Transport (DfT) said the Government was committed to achieving net-zero emissions by 2050 and the transition to electric vehicles. However, they confirmed revenue from motoring taxes must “keep pace” with any changes on the road. They confirmed any changes to car tax rates would be considered by the Chancellor and announced in due course. READ MORE Ms Howarth added she “can’t say” electric cars would never be taxed but said the Government’s commitment to electric cars would be a barrier to extra costs. ....
Trending “But I think the one percent is so low it s relatively negligible. For a Model 3, one percent will be £14 per month, the equivalent on a BMW 3 Series is now £344 per month. “So £14 per month is so much less. And switching from petrol and diesel to electricity, there saving about 90 percent on their fuel costs if they can charge from home. And so actually the saving they are making between petrol and diesel and electricity will more than offset that change as well. “It’s still so low so I m not worried about it from that perspective.” READ MORE Last year, Octopus Electric Vehicles claimed the number of drivers leasing electric vehicles had soared since new tax rules were introduced. ....
If you ve been keeping an eye on the automotive industry recently it s apparent that all bets are on a future that won t include a single drop of gas, possibly even by the time your babies are old enough to get their driver s licenses. An image of a mom charging her electric car. Image zoom Credit: Getty Images. Electric Vehicles (EV) are going more mainstream, Ford recently announced that in Europe they would achieve zero emissions through a combination of hybrid and EV by 2024, and go completely electric by 2030. In the United States, General Motors is committing to an all electric future as well, offering 30 new EVs by 2025, and promising to only offer electric options by 2035. So although you may not see EVs everywhere you look right now, they re definitely making inroads, especially for parents looking to stem global warming and support renewable energy. ....