MikeInWimbledon
Hardcore MB Enthusiast
- Joined
- Nov 8, 2014
- Messages
- 13,436
- Car
- (Ex S211 E500, W212 E500, C216, S212 E500, W211 E500 5.5, W221 S500, S211 E500, SL500, S500, E55)
Returning to EV’s
Mike Hawes of the SMMT reckons that just 10% of private buyers bought EV in 2023
While only 16% of ALL sales were EV.
2024 is the year that manufacturers will start to be fined by the EU and UK if they fail to achieve 22% of all sales as EV. (That’s a fine of up to £15k for each ICE vehicle sold above the 78% cap on ICE unit sales)
(But bear in mind that there are some cheat workarounds)
Hawes thinks that the Government should reduce the VAT on EV car sales to get more take up. His logic being that the Government is already getting more revenue because all vehicle prices have risen compared to five or ten years ago.
Good luck with that ambition, matey. (Governments don’t give up tax revenue lightly.)
Mike Hawes of the SMMT reckons that just 10% of private buyers bought EV in 2023
While only 16% of ALL sales were EV.
2024 is the year that manufacturers will start to be fined by the EU and UK if they fail to achieve 22% of all sales as EV. (That’s a fine of up to £15k for each ICE vehicle sold above the 78% cap on ICE unit sales)
(But bear in mind that there are some cheat workarounds)
Hawes thinks that the Government should reduce the VAT on EV car sales to get more take up. His logic being that the Government is already getting more revenue because all vehicle prices have risen compared to five or ten years ago.
Good luck with that ambition, matey. (Governments don’t give up tax revenue lightly.)
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