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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees. For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary.

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With gas phase-out in view, Europe could lose $160 billion in fuel taxes

Teslarati

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas. What about in other countries?

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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fuel tax). Motor tax revenues collected by governments have increased by almost 3% compared to the previous year, and the grand total of €440.4

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Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

Longtime Tesla bull ARK invest recently identified battery cost declines as a form of “good deflation” that could lead to a boost in EV sales. Battery cost declines could decrease EV production costs and improve range, which may boost electric vehicle sales in the long run. Credit: Manheim Index ).

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UK has reached 1 million BEVs, but incentives still recommended: SMMT

Teslarati

The United Kingdom (UK) has surpassed an important milestone for battery-electric vehicle (BEV) sales, now reaching over one million BEVs on the country’s roads. “Market growth is currently dependent on businesses and fleets.” ” The report notes that the new car market as a whole grew 8.2

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First Toyota Mirai in Norway delivered to Uno-X Hydrogen

Green Car Congress

Following the United Kingdom, Denmark, Germany and Belgium, Norway is the 5 th European country to start selling the fuel cell sedan. The program offers many incentives that will make fuel cell cars even more attractive: these cars are exempt from registration taxes and value added tax, which can be very high in the country.

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International review study seeks to improve modeling for plug-in vehicle adoption

Green Car Congress

The team reviewed models from 16 countries, including the United States, Germany, China, South Korea, the United Kingdom and Ireland. Sales shares in base scenarios of models for 2020, 2030 and 2050 distinguished by PEV type. Estimates ranged from a few percent to more than 50% by 2030. Gnann et al. Click to enlarge.

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