Tag: BEAMA

ZEV Mandate changes could delay £1.56 billion in UK EV home charging sales and installations, BEAMA warns

Stuart Mitchell

Weakening the Zero Emission Vehicle (ZEV) Mandate could delay up to £1.56 billion in UK EV home charge point sales and installations, according to new analysis from UK trade association BEAMA. Reducing the 2030 target could also slow the rollout of flexible charging capacity at a time when Government expects EVs to provide a growing source of flexibility to the electricity system. Manufacturers across the UK have incorporated the existing sales targets from the ZEV Mandate into investment plans for the next decade. Some have planned investments approaching £100 million…

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New EV pay-per-mile tax could cost UK economy up to £4.8bn if introduced in 2028, research from BEAMA warns

Stuart Mitchell

Bringing in the Electric Vehicle Excise Duty (eVED) in 2028 could cost the UK economy up to £4.8 billion under worst-case scenarios, according to UK trade association BEAMA. This cost would exceed the total revenue the new tax policy is forecast to raise by 2031 (around £4.3 billion).   The forecast is based on BEAMA research which shows that if EV sales collapse at a similar rate to when New Zealand introduced a pay-per-kilometre tax (>50% decline), and sales aren’t replaced by petrol or diesel cars, the Treasury could lose…

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