UK boss says funds from company car tax should be used to provide incentives for cheaper EVs for private buyers
Vauxhall has called on the government to do more to help support private buyers of affordable electric cars, even if that requires redistributing some of the money used to support electric company cars. Company cars continue to account for the bulk of all EVs sold in the UK, with buyers boosted by tax benefits and incentives. By contrast, there have been no incentives for private EV buyers since the £1500 Plug-in Car Grant was axed in 2022.
"For me, the government should redistribute some of the benefits of company car taxation, which is vast and heavily weighted towards more expensive cars, and put that into some form of incentives for private retail customers for more affordable small and family cars.
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