Overview

• The Society of Motor Manufacturers and Traders is urging the Chancellor to halve VAT on new electric cars and remove the £40,000 Expensive Car Supplement to bolster EV sales and support net zero targets.
• SMMT chief executive Mike Hawes highlighted that May’s 25.8% rise in battery electric vehicle registrations still misses the 28% Zero Emission Vehicle mandate.
• The Alliance of British Drivers proposes scrapping Vehicle Excise Duty on more than six million cars aged over 12 years as a cost-saving measure for motorists.
• ABD Policy Director Brian Gregory argues that EV subsidies disproportionately benefit wealthier buyers and public funds should instead aid upkeep of older vehicles.
• Industry groups are calling on Reeves to use the spending review to either intensify support for the EV transition or redirect funds to relieve ageing car owners ahead of the 2030 petrol and diesel ban.