Government ‘Green Day’ offers hope for EV sector
The latest news from the world of EVs
Hello and welcome back to The Fast Charge, a British EV newsletter.
Top stories in today’s edition… the government is preparing for its ‘Green Day’, VW unveils an EV for the masses, and Tesco now technically runs the fifth biggest charging network.
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Government ‘Green Day’ offers hope for EV sector
Background: Last Wednesday, Chancellor Jeremy Hunt revealed his Budget – the first proper one since 2021. While many in the EV sector had waited with bated breath for announcements of new support – or perhaps an equalisation of VAT on public versus home charging – these wishes did not materialise.
The response… While there were several supportive tax breaks for industry, many in the EV sector have felt let down by a lack of incentives to go electric, meanwhile, internal combustion cars were graced with a further fuel duty freeze. Mike Hawes, CEO of the automotive indust…
