0% company car tax for April 2020 will drive uptake further.
Despite a stagnant new car market in the UK, electric vehicle sales numbers have soared since the beginning of 2019.
Diesel sales are down to 22.6% with the gap filled by EVs. Sales for BEVs (battery-powered EVs) year to date are 25,072 – a significant increase on 2018s figure of 15,472.
Pixie Energy analyst Tom Lusher said the increased uptake of BEVs is due to the closure of the plug-in car grant to PHEVs (plug-in hybrids) by OLEV (Office for Low-Emission Vehicles). While BEVs still receive a £3,500 grant and developments in EV manufacturing mean prices are dropping.
The introduction of a change to company car tax rates in April 2020 – 0% for zero-emission vehicles from April 2020) will no doubt drive the uptake of BEVs even further.