New dawn for off-peak public charging

The latest news from the world of EVs

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

Today’s edition is a bit snappier than usual but next week’s edition is shaping up to be a monster, so swings and roundabouts. Stories below include… off-peak lamppost charging, a grant update, plus a short summary of the Autumn Statement.

If you ever have any thoughts or feedback, my contact details are below, or simply reply to this email.

New taxes for EV switchers

Last week the government delivered a sobering fiscal statement about the UK’s economy and, for the EV sector, there were several items of note.

Up first, Chancellor Hunt announced that EVs would face vehicle excise duty (road tax) from 2025. Up second, it was revealed the UK’s Benefit-in-Kind rate for EVs would increase by 1% annually from 2025 to 2028 – it’s currently 2%. These were both largely expected – albeit, perhaps not BiK – and brought about as the Treasury seeks to prevent a gap in the UK’s finance emerging – as vehicle taxes account for a si…