The Government’s proposed pay-per-mile electric vehicle duty could cost the UK’s fleet sector £260 million a year by 2028 through compliance alone, according to new analysis from the British Vehicle Rental and Leasing Association. The cost is based on BVRLA member data, and driven by both direct administration (£75 million) and lost productivity from … [Read more...]
Smart Charging to cut EV running costs
Despite growing adoption of electric vehicles, widespread misconceptions about cost and charging still shape public opinion. Recent research from the AA shows that 80% of drivers believe electric cars are too expensive to purchase, while only 21% think EVs are cheaper to run than petrol or diesel vehicles. One in five motorists also believes charging away … [Read more...]
Division over “split-level” electric rates for fleets
Fleets need rapid clarification on how to apply the “split-level” Advisory Electric Rates put in place by HMRC in September, says the Association of Fleet Professionals. Paul Hollick, chair at the industry body, says the move – which provides an AER of 8 pence per mile for domestic charging and 14 ppm for highway charging – had left electric company car … [Read more...]
