Raise taxes on petrol and diesel cars to reduce electric ‘premium’, says report

Mădălina Grigore

An economic think tank has urged ministers to consider hiking taxes on petrol and diesel vehicles to make electric vehicle (EV) purchases more appealing. The Resolution Foundation , in its report, suggested that if "concerns" over the number of electric vehicles being bought don't subside, the Government should act. The study also recommended axing "arbitrary" tax breaks for EVs, highlighting how these incentives disproportionately benefit higher-income drivers. It pointed out that benefit-in-

Tag-uri: Petrol

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