Charging networks may ‘struggle’ after April warns energy analyst

The latest news from the world of EVs

Hello and welcome back to The Fast Charge, a weekly British EV newsletter.

In today’s edition… EV road tax to be announced Thursday, a warning from analysts Cornwall Insight about the sustainability of charging networks after April, and three newspapers criticise the state of Britain’s EV industry. Fingers crossed next week’s email is more positive.

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In the coming week…

TAXES COMING: On Thursday the Chancellor will stand up to deliver what’s being described as a grim fiscal statement. Though there are denials of Austerity 2.0, it will almost certainly include new taxes. And based on the numerous policy ‘trails’ coming out of the Treasury, it seems all but set that Jeremy Hunt will announce a timeline for road tax on EV owners. This is all to help fill the rumoured £54 billion hole in the UK’s finances. Treasury sources have said there are “no plans to introduce road pricing at this stage”…