Tag: tax
EV market growth in the UK: Rising sales and interest, but tax changes threaten future
EV market surges in the UK, with BEV registrations up 41.6%, but still below government targets for 2025.Affordability and new taxes are key barriers, with a £3,110 tax applied to EVs over £40,000 in...
UK electric car road tax in 2025: What’s different?
At the moment, drivers of EVs in the UK benefit from an annual electric car road tax (Vehicle Excise Duty) rate of £0, which has undoubtedly helped drive EV sales in the earlier years...
The Philippines is embracing EVs with continued tax exemptions for imported electric vehicles
The Philippines extends its tax exemption for imported electric and hybrid vehicles, including electric motorcycles and e-bikes, until 2028.This initiative, initially implemented in 2023, aims to promote eco-friendly transportation and reduce carbon emissions.The policy...
