Industry calls for EV grants to build demand for ZEV mandate

Six months later, the grant was withdrawn entirely, with the government hailing “success in the electric car revolution” as the rationale behind its cancellation.

Research published by car sales platform Auto Trader in April, nine months after the grant was axed, stated that the number of enquiries sent to retailers about new electric cars had fallen by 65% year on year. BEVs accounted for 9% of all new car enquiries at that point, a third of the proportion recorded a year earlier.

Chief among the incentives given to business users of electric vehicles are low benefit-in-kind company car tax rates: zero-emission cars are taxed at 2% until 2025, whereas the least polluting electrically unassisted petrol or diesel cars are taxed at 15%. This makes it significantly cheaper to run an electric car as a business user.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Suspect barricaded inside car wash in IndustryA standoff is underway in Industry where a suspect has barricaded himself inside a car wash.
Source: FOXLA - 🏆 445. / 53 Read more »

Authorities respond to suspect barricaded in a City of Industry car washAround 9:45 a.m., the intersection at Hacienda Boulevard and Valley Boulevard remained blocked off as law enforcement responded to the reportedly armed suspect
Source: CBSLA - 🏆 552. / 51 Read more »

Suspect barricaded in City of Industry car washSheriff negotiators work to talk a barricaded suspect out of a car wash
Source: CBSLA - 🏆 552. / 51 Read more »

Trump: Biden's Electric Car Agenda Will Kill Michigan Auto Industry, Boost ChinaPresident Joe Biden's green agenda, which includes moving to electric vehicles (EVs), will kill Michigan's auto industry and boost China.
Source: BreitbartNews - 🏆 610. / 51 Read more »