The Chancellor has opted not to cut VAT on public electric vehicle (EV) charging but continue the freeze on fuel duty which has prompted dissatisfaction amongst the UK's EV community.
Quentin Willson, Founder of FairCharge said: "FairCharge is staggered that the Chancellor is prepared to spend £5 billion on a fuel duty freeze and continuation of the 5p cut, yet won’t spend 125th of that – circa £40 million – on cutting the VAT on public EV charging."
James Court, Chief Executive of EVA England, said: "Without targeted schemes to make EVs more affordable for the average consumer, all of our immense progress so far risks failing to hit the mark of our rightly ambitious net-zero targets. Highly successful social leasing and targeted grant schemes are being implemented elsewhere, incentivising yet more drivers to make the switch, and this Government has failed to keep up with this momentum".
Mike Hawes, CEO of Society of Motor Manufacturers and Traders (SMMT)said it was a "missed opportunity to deliver fairer tax for a fair transition. Reducing VAT on new EVs, revising vehicle taxation to promote rather than punish going electric, and an end to the VAT ‘pavement penalty’ on public charging would have energised the market."
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