Electric Vehicles
The question
To ask the Secretary of State for Transport, what steps the Government is taking to encourage people to buy electric vehicles.
Answered by Lilian Greenwood
The Government offers several incentives to encourage people to buy electric vehicles. £120m of new funding was announced at the Autumn Budget to support the purchase of zero emission vans and wheelchair accessible vehicles through the Plug-in Vehicle Grants next financial year. Grants will also continue to incentivise the purchase of zero emission motorcycles, taxis, and trucks until at least the end of the 2024/25 financial year.
There are also several tax measures designed to encourage the adoption of zero emission vehicles. They are exempt from paying Vehicle Excise Duty (VED) until April 2025, after which they will pay the lowest first year rates of VED at £10. Favourable Company Car Tax rates have also been set out to 2030 and will continue to strongly incentivise electric vehicle uptake.
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