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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. Here we take a look at what company car tax is, what’s changed, and how it compares between different types of cars.

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Give credit where it’s due! Hyundai calls for more EV support under Labor’s new CO2 reduction scheme

EV Central

The Australian arm of the Korean auto giant wants increased reward for selling zero emissions vehicles in the form of ‘super credits’ so it can keep cheaper C02-emitting petrol and hybrid models in its showrooms longer. The NVES will work by providing car companies with targets for average emissions per kilometre from new vehicles sold.

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Audi EV fightback! Busiest period ever for German brand as it targets electric cars from BMW, Mercedes-Benz, Volvo

EV Central

Audi’s EV fightback kicks off now with the triple motor SQ8 e-tron and upcoming Q4 e-tron that’s primed to take advantage of the generous fringe benefits tax (FBT) exemption. It’s the busiest (period) in the history of Audi in the next 24 months of brand new cars,” says Mannering, adding “it’s not just facelifts, it’s nearly all new cars”.

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The Dirty Truth of Petrol & Diesel Vehicles

Plug In India

By PluginIndia In this article and video, we show the real truth on how Petrol and Diesel vehicles cause far more air pollution compared to electric vehicles. Some even say that it pollutes even more than a diesel or petrol burning car. So what goes into producing the fuel that you burn in your car every day?

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JATO warns of widening disparity between WLTP correlated NEDC values and existing NEDC data

Green Car Congress

This could result in significant financial penalties for automotive manufacturers in EU member states where CO 2 drives taxes. The industry is approaching a deadline in September when WLTP testing will apply to all new car production. Additionally, it is possible to calculate the impact on vehicle segments too.

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April 2023 – Plug-in car market share continues to grow in Norway

Push EVs

All other powertrains lost volume YoY, with petrol-only vehicles at their 2nd lowest volume of the modern era (just 112 units), and 3rd lowest share ever, just 1.25% of the auto market. Recall that new tax changes have applied from January 1st. PHEVs, with their middling emissions ratings, are taxed somewhere in between.

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Auto sales drop to new low in Norway

Push EVs

The January auto market was highly anomalous due to the new year’s introduction of tighter auto emissions and tax increases, which had pulled sales forward into December. Due to the anomalous tax discontinuity mentioned above, we have to take January’s picture with a pinch of salt — it doesn’t tell us very much. year on year.

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