Chancellor Rachel Reeves' recent vehicle tax reforms aimed at accelerating the UK's transition to electric vehicles have sparked discussions about their potential impact on both private and corporate vehicle ownership. Now, new insights from private plate supplier Regtransfers reveal a substantial gap between government policy intentions and public … [Read more...]
EVs being priced out of reach for many, says analysis
The cost-of-living crisis is causing a drop in demand for electric vehicles as these cars are typically more expensive than petrol equivalents, according to Compare the Market comparison site. Sales of new electric cars have declined by 17.1% year-on-year in November according to figures from the Society of Motor Manufacturers and … [Read more...]
Fleets facing quagmire of charging costs
Electric vehicle charging is replacing maintenance as the most onerous day-to-day managerial task facing many fleet managers, says the Association of Fleet Professionals. Chair Paul Hollick explained that in terms of working to maximise operational efficiency and minimise costs, feedback from members showed that charging was taking up huge amounts of … [Read more...]
Leasing EVs is about to take off
Brits are more likely to lease a new electric car than buy one, according to one supplier. That's according to leading provider Select Car Leasing, which has revealed it has seen a 300 per cent upturn in interest for EV models over recent months. The buzz around electric cars and vans has rocketed over the past 12 months due to a combination of … [Read more...]
Hyundai charge into the ev lead on cost
ChooseMyCar has taken a look at how much it costs to charge each EV currently on the market, as well as their electric range in miles to calculate which EV’s are the cheapest to drive and charge. Taking the top spot for the cheapest car to drive is the Hyundai IONIQ Electric, which has a range of 155 miles on a fully charged 40.4 kWh battery, which works … [Read more...]
