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Road tax price hikes.

And encourage speeding?

It would probably encourage road rage as well.

In principle the device used to meter the car could be used to detect speeding. But highly unlikely it could detect and deter road rage.
 
My EV has zero VED and while I obviously benefit from this, I also think it's bonkers - why shouldn't EVs be taxed? They use the same road network as other cars. There are already plenty of incentives for people to get EVs (low running costs, low BIK for business users, erc), there's really no need for zero VED.
The cause of the Black Hole ! 😔 🚴
 

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