September 22 2018
Brand new zero-emission electric vehicles ordered this month will likely be the first to feature a green strip on their number plates, which is designed to boost the profile of battery-powered cars and pave the way for future incentive schemes, which could allow them to use bus lanes and park for free in town centres. Transport Secretary Grant Shapps in June as part of a wider plan to drive a 'green economic recovery' after the turmoil caused by the coronavirus pandemic.
Mr Shapps said the plates are part of a £1.5billion drive to stimulate the economy by accelerating zero emission motoring. They will also 'increase awareness of cleaner vehicles on our roads and show people that a greener transport future is within our grasp', he said.
So far in 2020, battery electric cars account for one in 20 new vehicles registered. However, with demand up by 175 per cent this year, zero-emission vehicles are going to become increasingly common on UK roads in the not-too-distant future. The government hope the perks will encourage more people to go electric by turning green plates into a sought-after status symbol.
Electric cars offer compelling financial incentives for business and personal purchasers. These benefits include Significantly Reduced Company Car Tax (benefit-in-kind) for company car drivers, the UK Plug-in Car Grant of £3,000 for some models, 100% first year enhanced capital allowance, Reduced Employer Class 1A National Insurance Contributions (company cars only), Exemption from London Congestion Charge, London Ultra Low Emission Zone Exemption, Salary sacrifice scheme available to business drivers as well as well as Significantly Reduced BiK Taxation for Company Car Drivers.
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