After any budget announcement there is always a great deal of hand-wringing from those who are suddenly being taxed more, or feel that incentives don’t go far enough. This time, it is the turn of electric car drivers like me. The chancellor stood up today and said that the zero rate for road tax on
The Government has announced in the Autumn Statement that benefit-in-kind (BIK) tax for electric vehicles (EVs) will continue to be kept low to increase uptake. The Chancellor, Jeremy Hunt, said he had listened to the fleet industry and would increase company car tax for EVs by one percentage point year-on-year for three years from 2025. Currently,
UK-based Barclays has joined Climate Group’s EV100 initiative committing to electrify its fleets by 2030. The multinational bank confirmed it would introduce a variety of electric vehicles (EV) in order to decarbonise its UK operations. This is of growing concern with the impending internal combustion engine (ICE) sale ban coming into force from 2030. Although recognised
CAR BUYERS in the UK have purchased the second highest number of EVs in the world – second only to China. The staggering rise in the number of electric vehicles (EVs) purchased by Britons was underlined by new figures showing the UK second only to China in the amount of battery-powered cars bought in the
(CNN Business)Ford is creating two new business units, one for electric vehicles and software and another for its traditional internal combustion vehicles. These companies will report their financial results separately from the rest of Ford but they will not be spun off as entirely separate companies. This new corporate structure will allow investors to more
It’s not always easy being green, especially where business is concerned. If you’re a business considering an alternatively fuelled fleet, you aren’t alone. In fact, more than half of fleets (56%) are already operating at least one alternative to traditional petrol and diesel models or are planning to do so in the next three years,
First zero emission bus fleet for Leeds
The first ever, zero emission bus fleet for Leeds is being prepared to enter service in a multi-million pound investment by First Bus in partnership with the West Yorkshire Combined Authority and Leeds City Council. The nine Yutong E10 electric vehicles (EV) will be supplied by Pelican Coach & Bus, a family-owned engineering company based
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