Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte, said:
“Despite concerns over the impact of the Budget on drivers, the battery electric vehicle (BEVs) market saw modest growth in November. In order to continue growth, the government and industry will have to keep making the case for electric and emphasise the investment going into the sector beyond the headline pay per mile tax announced at Budget.
“On the surface, some consumers may feel that BEVs have increased in cost, but this is not necessarily the case. The new EV mileage charge will increase running costs of electric vehicles, but changes to the Expensive Car Supplement threshold may mean some drivers are actually better off over the course of their lease period.
“The perception over cost may mean that the pace of uptake slows towards the 2035 zero-emission vehicle transition. This makes the extension to the plug-in car grant scheme even more important, with more cars eligible for a discount. Meanwhile, it remains paramount that there is continued investment into the sector, with a focus on equitable charging infrastructure, so that all consumers have fair and accessible opportunity to charge their vehicles.”
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