The chancellor ignored industry calls to introduce more incentives for private EV buyers, including halving VAT on new EV sales; cutting VAT on public charging to 5 per cent and scrapping new bands that would see EV owners pay Vehicle Excise Duty from 2025.
Manufacturers say the lack of incentives for private buyers will make it increasingly hard for car makers to hit strict targets set out in the Government's Zero EV (ZEV) Mandate, with a spokesperson for Fiat UK calling the budget hugely disappointing.
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