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How the Budget affects green car drivers

Green Cars News

The increase has been dubbed a “tax of the many&# by Conservative Party leader David Cameron. For green car enthusiasts, the results of the Budget present something of a mixed bag. He believes it penalises those who commute and drive their children to school.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

In particular, there is evidence of a “green” consumer cohort (approximately 6% of consumers in the United States and 9% of those in Europe) that is willing to pay more for an EV even if the TCO economics are not compelling. Alternative fuels could also play a role in emission reduction for ICE-propelled vehicles, BCG notes.

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