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Electric company car tax explained

Drive Electric

April 2020 was a watershed moment for electric vehicles (EVs) as company cars. The UK government slashed electric company car tax, instantly making EVs much more attractive for businesses and employees. What is company car tax? Getting a company car is a real perk for employees.

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Over 200,000 Pure Electric Vehicles to hit UK roads in 2021

Drive Electric

We use our own model built from intelligence of the UK market to forecast registrations of battery electric cars and vans. We’re predicting at least 200,000 new electric vehicles (EVs) will be registered in the UK in 2021. The figure does not include plug-in hybrids (PHEVs).

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ITF analysis finds that societal costs for electric cars and vans range from €7K to €12K more than fossil-fueled equivalents

Green Car Congress

The analysis, “Electric Cars: Ready for prime time?”, finds that the societal costs for electric cars and vans range from €7k to €12k (US$8,889 to $15,238) more than fossil-fueled equivalents. The current generation of electric cars represents a significant improvement over previous ones.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

In 1990, a CO2 tax was implemented and the country began to focus on establishing a greener transport system by promoting Norwegian EV production and adoption. Let’s take a look at the Volkswagen Golf versus the Volkswagen e-Golf as an example of how the tax scheme works in practice. Investing in Infrastructure.

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Rising Fuel Prices Have Imparted A Potent Boost To The Indian Electric Scooter Market

Get Electric Vehicle

Despite recent reductions in excise duty and VAT rates, the price of petrol in India remains high enough to put a hole in customers’ wallets. But consumers are moving their focus to electric scooters as a result of the sky-high price of gasoline. In January 2020, Bajaj unveiled their first product under the Chetak brand.

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Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

Get Electric Vehicle

One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. At present, an electric vehicle costs 30% more than an IC engine-powered vehicle with similar specifications. Tesla Electric Car. Rays of Hope. Battery Swapping.

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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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