£1.5bn package announced to help Britain switch to electric vehicles

Rachel Reeves to launch £1.5bn electric car boost - despite plans to target drivers with pay-per-mile tax

Chancellor Rachel Reeves is expected to launch a huge £1.5billion spending spree for electric vehicles, despite uncertainty over plans to introduce pay-per-mile car taxes.Reports suggest that the Chancellor will give the green light to £1.5billion in funding for electric vehicles in the Budget on Wednesday (November 26).It is expected that £1.3billion will be designated to Labour's flagship Electric Car Grant, which is already buoyed by an initi…

All of the taxes that might increase in Rachel Reeves' Budget next week

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£1.3bn boost to electric vehicle grant scheme predicted in Budget

The boost comes alongside the possibility that EV owners could face a new tax in Wednesday's Budget

UK to Extend EV Subsidies to Blunt Tax Increase in Budget

The UK government will increase subsidies for electric vehicles as it seeks to mitigate a tax rise that’s expected to target the cars at next week’s budget.

Britain to introduce $2 billion package to help switch to EVs

Britain's government is expected to introduce a 1.5 billion pound ($2 billion) package to accelerate a switch to electric vehicles, it said, including an extra 1.3 billion pounds for a grant scheme to buy new electric cars.

Britain to introduce $2.5 billion package to help switch to EVs

Since its July launch, the Electric Car Grant scheme has helped over 35,000 drivers make the switch. Read more at straitstimes.com.