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Electric Vehicles: Taxation

Asked by Perran MoonLabourTreasuryTabled Answered 1 May 2025UIN 48001

The question

To ask the Chancellor of the Exchequer, if her Department will make an assessment of the potential merits of hypothecating revenues from the zero emission vehicle mandate for decarbonising transport.

Answered by James Murray

HM Treasury expects to receive no income from the ZEV mandate, due to the mandate design framework. The Chancellor provided over £300m for EV uptake and £2bn to support domestic manufacturing at the Autumn Budget.

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