Summary
The government plans to announce an extra £1.3 billion for a scheme to promote electric vehicles (EVs) in the upcoming Budget. This includes expanding the Electric Car Grant, funding more EV charging points, and consulting on charging solutions for people without driveways. Additionally, there is a possibility of introducing a future pay-per-mile tax for EV owners.
Key Facts
- The government will increase funding for the Electric Car Grant by £1.3 billion.
- The Electric Car Grant offers a discount of up to £3,750 on certain electric vehicles.
- Since July, the grant has helped 35,000 people switch to electric vehicles.
- New research shows the scheme hasn't significantly attracted new EV buyers.
- From 2030, the sale of new petrol and diesel cars will be banned in favor of electric or hybrid cars.
- The upcoming Budget might introduce a pay-per-mile tax for EVs by 2028.
- The government will add £200 million to expand charging points across the UK.
- Currently, there are about 87,000 EV charging points in around 44,000 locations in the UK.