So the deadline is from now on 2015. The end credit covers 25% of their value up to a maximum of £ 5,000 for the passenger electric vehicles.
The tax credit for commercial vehicles in UK is about 20% of the value of the electric vehicle up to £ 8,000. This could be a good moment for fleet operators who have vans for urban deliveries. The electric vehicles are very suitable for this option and with a good battery technology improvement in the future; long range will be more than an option.
The electricity is a lot cheaper than gasoline or diesel in UK as in whole Europe and this tax credit should provide a good incentive for large scale electric vehicles adoption.
So, if you’re looking for a Renault Kangoo Z.E., rather than paying its £16,990 entry fee you’ll only have to pay £13,592 Eco-tastic.
This year sees the launch of a whole tranche of “green” vehicles to hit the road. Renault’s Z.E. range will roll, silently; into showrooms as will the Chevrolet Volt, Vauxhall Ampera and Nissan’s NV200 van will appear shortly as well.