Pay-as-You-Drive: A Potential Future for Electric Vehicle Taxation
- TCH Leasing
- Sep 4, 2024
- 1 min read
The Campaign for Better Transport (CBT) has thrown its weight behind a proposal: introducing a pay-as-you-drive charge on zero-emission vehicles (ZEVs).
The charity argues that as the UK transitions away from petrol and diesel cars, the government will face a significant drop in revenue from fuel duty. They suggest that a pay-per-mile charge on ZEVs could help fill this gap.
While the idea has faced opposition in the past, recent research suggests public opinion is shifting. A survey by CBT found that 65% of people believe ZEV drivers should be taxed, albeit at a lower rate than those driving petrol or diesel vehicles.
So, what does this mean for electric vehicle drivers?
If a pay-as-you-drive system is introduced, it could potentially lead to higher running costs for electric vehicles. However, it's important to note that the exact details of such a scheme are still being debated.
At TCH Leasing, we're closely monitoring these developments. As a leading provider of vehicle leasing services in the UK, we're committed to keeping our customers informed about the latest industry trends and potential changes that could affect their vehicle costs.
Would you like to know more about how a pay-as-you-drive system could impact your electric vehicle leasing costs? Get in touch with our team today for expert advice.
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