A missed opportunity for UK to take the lead on EVs
ON the eve of the COP26 gathering in Glasgow, we can’t have been the only ones listening to Rishi Sunak’s Autumn Budget with rising disappointment. There’s a fundamental shift under way in personal transport, with drivers eager to embrace zero-emission technology and electric vehicles, yet the current taxes and incentives are firmly tilted in favour of the wealthy. How many people do you know who would love to join the EV revolution, but can’t afford to? Meanwhile, incentives in the form of plug-in grants support the production of high-end, high-priced EVs, reducing the cost by a few grand for owners who can already afford them. Similarly, high-salaried employees are enjoying huge tax perks on expensive EVs and tax-free electricity to run them, while most drivers are meant to celebrate another freeze on…