Ben Avison on Nostr: In practice, it means that even relatively modest family cars like the Kia Niro will ...
In practice, it means that even relatively modest family cars like the Kia Niro will be affected in their #EV form, but not their petrol one. To illustrate, I’ve done some back-of-envelope calculations on this.
Monthly lease cost (same ‘4’ trim, same supplier): Petrol £376, EV £396
Annual VED 2024: Petrol £180, EV £0
Annual VED 2025 (not allowing for raises): Petrol £180, EV £590
2/n
Monthly lease cost (same ‘4’ trim, same supplier): Petrol £376, EV £396
Annual VED 2024: Petrol £180, EV £0
Annual VED 2025 (not allowing for raises): Petrol £180, EV £590
2/n