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Electric company car tax explained

Drive Electric

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. What is company car tax? How much is company car tax? Company Car Tax bands.

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EV sales in Norway explode ahead of policy changes

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The freak volume in December 2022 resulted from one-off pull-forward effects ahead of new policies and auto taxes applying from 2023 onwards. their previous monthly record, ahead of new weight taxes, and VAT taxes. Petrol vehicles also saw a relative sales surge ahead of increased emissions taxes.

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

Wallbox

To learn from its experience, let’s look back through Norway’s 30-year journey to becoming an EV giant: it all started with a mission to curb the country’s CO2 emissions. Curbing CO2 Emissions with Electric Transport. So how did this largely rural Scandinavian country become the global leader in EV adoption?

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

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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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Mercedes-Benz EQA 250 Review

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(Calculated using UK average energy cost of 14p per kW – find out more about how much it costs to charge an electric car ). Cost per mile : As little as 3.4p calculated using UK average energy cost of 14p per kW). The EQA weighs 2040kg, which is more than the petrol model, but ride quality is good on smooth roads.

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

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According to BloombergNEF estimates, larger vehicles such as hybrid sedans and SUVs would be as inexpensive to manufacture as petrol and diesel models by 2026, with compact cars crossing the threshold the following year. The study conducted by BloombergNEF is specific to Europe where the CO2 regulations are and going to very stringent.

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What Are The Benefits of Driving an Electric Car?

Drive Electric

Oft-overlooked in favour of WLTP ranges and tax incentives, the simple joy of driving an EV is rarely spoken about. The RAC Foundation reports it currently costs – on average – around £80 to fill up a vehicle with petrol or diesel (based on a 55 litre fuel tank). Until now, that is. Driving Experience. EVs over ICEs.