Electric cars.

Jonah

Spouting nonsense since the day I learned to talk
Saw this on Twitter the other day and thought it quite amusing.


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EasMid

Well-Known Forumite
Anyone reckon there being a hefty Road tax rise on electric cars coming soon. “They” are going to lose a fortune in fuel duty.
 

proactive

Enjoying a drop of red.
Anyone reckon there being a hefty Road tax rise on electric cars coming soon. “They” are going to lose a fortune in fuel duty.
But of course as well as a massive increase in tax on the electricity we put in our cars, both at public chargers and at home.
 

joshua

Well-Known Forumite

Electric car buyers could face car tax within three years​

The Government is considering introducing road tax (VED) for electric cars from 2025 as part of the upcoming Autumn Budget...​



Kia EV6 charging


Author Avatar
by
Claire Evans
1 Nov 2022 12:30
The Chancellor, Jeremy Hunt, could announce the introduction of car tax for electric and plug-in hybrid cars in the November Budget, in a bid to claw back a potential loss of up to £35 billion in taxes as people switch to the greenest cars.
If the move happens, it will be part of the Government’s package of spending cuts and tax rises aimed at plugging the £50bn hole in the budget, which will be announced on 17 November.
A Government source is reported to have told the Telegraph newspaper that it is inevitable that electric car buyers will have to pay car tax ‘at some point’, and that the Treasury is working out ‘when that should be’.

So far in 2022, around one in every six new cars bought in the UK have been pure electric vehicles (EVs), and under the current system those buyers pay no car tax. This is because the current car tax system is based on a vehicle’s emissions, with the amount payable increasing alongside the official CO2 figure of a vehicle.



Kia EV6 charging

When buying a new car, those who choose a pure-electric car or one with CO2 emissions below 51g/km, such as plug-in hybrids (PHEVs), will pay nothing for their initial road tax payment. It remains free for EVs in subsequent years, and there is a subsidised cost for PHEVs. In contrast, buyers of the most polluting petrol and diesel cars must pay £2365 for the first year and £520 for each of the subsequent five years if their purchase price is more than £40,000.
It’s been widely reported that, as the 2030 deadline for all new cars sold to be electrified approaches, there's the potential of a £7bn shortfall in the vehicle excise duty (VED) paid to the Treasury. In addition to this, the Government is expected to eventually lose up to £27bn a year in fuel duty tax as fewer people buy petrol and diesel at fuel stations.

One potential solution to the predicted shortfall is the introduction of a ‘road pricing’ based system that will levy a fee for each journey undertaken. The cost could vary depending on the distance travelled and the fuel type of the vehicle. This is a solution that apparently appealed to the current Prime Minister, Rishi Sunak, when he was Chancellor.
 

proactive

Enjoying a drop of red.
Cars charge overnight on cheap rates
There is no shortage overnight, that's why it's cheap
This won't happen
Not all charge exclusively overnight. It could happen but the clue is when it talks about smart meters of the 'future' and 'last resort' measures. So not going to happen anytime soon. Also not going to happen to public charging unless we reach an end of days scenario, whereupon not being to charge will be the very least of our problems.

The DM at its finest...
 

tek-monkey

wanna see my snake?
Not all charge exclusively overnight. It could happen but the clue is when it talks about smart meters of the 'future' and 'last resort' measures. So not going to happen anytime soon. Also not going to happen to public charging unless we reach an end of days scenario, whereupon not being to charge will be the very least of our problems.

The DM at its finest...
The idea that they'd cut off specific devices is amusing, if anything surely they'd just cap your import to so many amps and make it your problem what works. No point killing your car charger but leaving next doors hot tub.
 
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