News reveals today that the Chancellor might be bringing in new subsidies for electric car purchases to help the transition to electric vehicles in the UK. Rhydian Jones, car insurance expert at Confused.com comments:
“As we get closer to the 2030 ban on sales of new petrol and diesel vehicles, UK drivers are feeling the pressure to switch to electric cars. However, this proposed change could be welcome news. That’s as our research revealed that 46% of drivers are unlikely to get an EV with the biggest reason (68%) being that EVs are expensive to buy or lease.
“The cost of EVs is generally a sticking point for drivers, but the hope is that these changes will make greener vehicles more affordable. Currently, nearly 1 in 4 (23%) UK drivers believe they will still be driving a petrol vehicle in 2030. But with new incentives in place, more drivers may be willing to make the transition.
“Despite the concerns around costs of EVs, and the new VED laws coming into place for EV drivers in April, drivers must remember that there are still benefits to switching to an EV. If you’re wondering whether you should buy an electric car, our guide might help with your decision.”
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