“Increasing taxes on EVs isn’t the way to grow their uptake” says loveelectric.cars
- On February 17, 2022
- By GrowthInvest Marketing
Proposals to tax electric vehicles (EV) more heavily to raise revenue lost from fuel duty will be a turn-off warns Steve Tigar, entrepreneur and CEO of loveelectric.cars, the new ethical fintech which makes low-cost electric car leasing a reality for employers and their workforce.
Steve Tigar says:
“I’m worried that by recommending the taxation of electric vehicles (EV), the Commons Transport Committee isn’t grasping the enormity of getting drivers to adopt a completely new fuel.
“Recent EV uptake has been strong but we’re still only 1% of the way to switching drivers off CO2 emitting fuels. And significant challenges remain.
“One of the great successes has been the salary sacrifice scheme with recent figures showing that 22% of cars bought through these are EVs.
“These salary sacrifice schemes, like those from loveelectric.cars, are proving increasingly popular with employees and employers because of the financial benefits they offer.
GET IN TOUCH!
CALL US020 7071 3945
FOLLOW US ON
Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.
GrowthInvest is a trading name of EIS Platforms Limited. EIS Platforms Limited (FRN: 694945) is an appointed representative of Sapphire Capital Partners LLP (FRN:565716) which is authorised and regulated by the Financial Conduct Authority in the UK.
All rights reserved 2023 @ growthinvest