Electric vehicle duty is the wrong measure at the wrong time

BUDGET 2025: Government is backing transition to electric vehicles, but eVED will undermine demand, Mike Hawes SMMT

Government has recognised the automotive industry as a pillar of national strategic importance, backing it with an industrial strategy and additional £1.5bn to drive competitiveness and investment. 

Deferring the end of employee car ownership schemes into the next parliament, meanwhile, will be welcomed by workers across the sector.

Changes to the Vehicle Excise Duty (VED) expensive car supplement are welcome, as is the additional £1.3 billion funding for the Electric Car Grant...

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