09 Sep '13, 7am

UK government allows EV owners to drive tax free

UK government allows EV owners to drive tax free

The British government has given the electric vehicle (EV) sector a major nod of approval by allowing motorists and car insurance policy holders who buy an electric vehicle to drive tax-free until 2020. The policy is a crucial aspect of the government’s attempts to ditch the internal combustion engine by 2050 and is supported by a £5,000 grant towards the purchase of an electric car. Growth in the UK EV market is somewhat slow with just 4,000 motorists making the switch despite the growing prominence of top of the range models like the Nissan Leaf and other comparable vehicles offered by BMW, Toyota and Renault. Ministers have therefore decided to implement plans for tax-free motoring for EV owners in order to try and quicken the pace of the uptake along with a range of measures to help combat “range anxiety” – the far that electric cars may be unable to travel further tha...

Full article: http://www.renewableenergymagazine.com/article/uk-governm...

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