EV owners save £47.6m renewing VED early
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EV owners save £47.6m renewing VED early
Electric vehicle (EV) owners have saved a cumulative £47.6m by renewing Vehicle Excise Duty (VED) before the new road tax regime on 1 April. The findings came from research by online car retailer Cinch. The firm discovered the large sum from a Freedom of Information (FOI) request, which was submitted to the Driver & Vehicle Licensing Agency (DVLA) to uncover the number of EV owners renewing road tax in March, compared to the same period last yea…
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