Budget a missed opportunity for EVs
- Posted by: Alan Feldberg
- Category: News
The BVRLA has criticised the government for not doing enough to support the electric vehicle revolution in yesterday’s Autumn Budget.
Electric vehicles are a fundamental aspect of the UK’s commitment to reach net zero, but the BVRLA says the Chancellor has missed an opportunity to really support the sector switch to electrification.
Gerry Keaney, BVRLA chief executive, said: “The Chancellor has missed an opportunity to give the industry essential clarity when it is most needed. At a time when the uptake of electric vehicles is ready to accelerate, the silence around areas such as benefit in kind tax rates is deafening. This only grows fears that rates will be drastically increased down the line.
“BVRLA members had clear asks for this Budget. The Chancellor has failed to give tangible details on these asks, meaning that questions remain over what the Government’s plan is. The Net Zero Strategy last week marks a very positive step in the right direction; what we needed in today’s Budget was more detail. Instead, we have been given headlines that offer no clarity, no foresight and no confidence.”