Customers support Electric Car Grant, but VAT cut on charging preferred

Customers support Electric Car Grant, but VAT cut on charging preferred

Four in 10 buyers may buy a new EV after the grant news, but most would have rather seen a cut in VAT on public charging.

Buyers give cautious welcome to electric car grant

Four in 10 buyers would consider purchasing a new EV following last week’s announcement of the Electric Car Grant But the majority would have preferred the government to have lowered the rate of VAT on public charging. Research of 1,000 car buying decision makers over the weekend found 38% of new car buyers think the grant will make them more likely to purchase a new EV as their next car. This was evenly split between male and female buyers, ris…