UK Car Industry Calls for Incentives to Meet 2030 Petrol and Diesel Ban

Manufacturers urge government to offer financial support and flexibility to boost electric vehicle adoption

The Society of Motor Manufacturers and Traders (SMMT) suggests cutting VAT on electric vehicle sales by half for three years.
Car firms seek exemptions from vehicle excise duty for electric cars costing over £40,000.
Public charging costs should be aligned with home charging rates to make EVs more affordable.
The SMMT reports a 7.6% drop in electric vehicle production in the first half of 2024.
Manufacturers warn that strict enforcement of the 2030 ban without flexibility could harm consumers.