SMMT describes budget as ‘very welcome’

The Society of Motor Manufacturers and Traders (SMMT) has described yesterday’s budget as “very welcome”, adding that the support for zero-emission vehicles is a step in the right direction.

Mike Hawes, SMMT chief executive, said: “Unprecedented situations call for unprecedented measures so today’s emergency funding and wider measures to support businesses and workers in managing the likely effects of coronavirus is very welcome.

“Given the immediate challenges, however, we are pleased to see the Chancellor find room in his budget to help make zero emission motoring a more viable option for more drivers – essential if we are to begin to meet extremely challenging environmental ambitions. The continuation of a plug-in car grant is an essential step in the right direction and, alongside the removal of the premium car surcharge on VED and reduction in company car tax for these vehicles, as well as a strategic review of national charging infrastructure requirements, should help encourage consumers and support the beginnings of a market transition.

“Of course, much more needs to be done to maximise the opportunities as we transition the UK market and industry to new technologies, and the promised spending review will be a crucial moment for government to set out a long term vision for transport decarbonisation and industry investment in the UK,” said Hawes.

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