SMMT calls for tax breaks to help drive £50bn EV market opportunity

Michael Holder
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Auto industry body urges next government to deliver targeted policies to accelerate uptake of electric vehicles

Car industry body SMMT is calling on the next government to offer more generous tax breaks, incentives, and subsidies to drive adoption of electric vehicles (EV) in the UK, claiming the right policy conditions...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

Global Briefing: Investment secured for 'world-first' green fertiliser plant in Paraguay

Enviromena inks £825m financing package to accelerate 1GW UK solar rollout

More on Automotive

Study: Public EV charging now cheaper than petrol or diesel for most drivers
Automotive

Study: Public EV charging now cheaper than petrol or diesel for most drivers

Cost savings from charging an EV compared to using petrol or diesel hit highest level since May 2024, new analysis claims

Stuart Stone
Stuart Stone
clock 24 April 2026 • 4 min read
SMMT: One-in-nine vehicles on UK roads now electrified models
Automotive

SMMT: One-in-nine vehicles on UK roads now electrified models

Britain's vehicle fleet is growing, as record numbers of zero emission vehicles hit the roads

Stuart Stone
Stuart Stone
clock 24 April 2026 • 4 min read
'EV demand boom': Octopus EV reports surge in leases for used electric cars
Automotive

'EV demand boom': Octopus EV reports surge in leases for used electric cars

Firm claims surging interest in second-hand EVs driven by influx of cheaper models and promise of lower monthly running costs compared to petrol and diesel cars following the Iran war

Stuart Stone
Stuart Stone
clock 23 April 2026 • 2 min read