The power of our E–grant is evident: in the past month, we’ve had more expressions of interest in the 500 than we had in the previous five months.”
“There is an inherent unfairness in VAT being four times the level it is at home when you are putting the same amount of energy in your vehicle,” he says. “By reducing it, government wouldn’t just be addressing that, but also signalling again its intent to see the transition through.”It’s a view that gets enthusiastic backing – along with a sobering reality check – from its original advocate, Quentin Wilson of FairCharge, an EV lobby group.
Wilson also highlights that the EV charging industry has already agreed to pass on any savings to consumers immediately, in contrast to the £1bn the fuel industry is reputed to have subsequently overcharged consumers following tax cuts.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: THR - 🏆 411. / 53 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »