AUTO TRADER CALLS FOR EV INCENTIVES TO PUT UK'S ROAD TO 2030 ‘BACK ON TRACK’

Auto Trader has called for incentives and tax breaks to make electric vehicles (EV) more affordable and put the UK Government’s plan to ban pure petrol and diesel vehicles by 2030 “back on track”.

Research from the online car marketplace revealed that a 37% premium for a new EV over the alternative internal combustion engine (ICE) car – and 28% for a one-yearold used car – had combined with rising electricity costs to dent the appeal of zeroemissions personal transport.

Its Road to 2030 Report showed that, while electric car owners with a home charger can save up to £130 for every 1,000 miles by charging at off peak overnight rates, drivers using ultra rapid chargers, EVs currently cost £16 more to run.

Buyer interest in new EVs has slowed, falling or 65% since 2022, it said, and Government’s plans to introduce vehicle excise duty road tax payments for EVs in 2025 look sent to further hamper the acceleration of adoption.

Read the full article at AM Online