Is it still worth buying an electric car? Electric vehicle (EV) drivers got a shock in the Budget when chancellor Rachel Reeves announced that they would be charged a pay per mile tax for their motor from April 2028.
Driving an EV has benefits over a petrol or diesel car as charging at home can work out cheaper than filling a tank, plus there are tax benefits through company car schemes. But EV drivers may find themselves in a jam from April 2028 when a new charge of 3p per mile is introduced called the electric vehicle excise duty (eVED).