Tax credit extended to 2015 for electric vehicles in UK

Tax-credit-electric-vehicles-UKThe UK government has decided to extend a tax credit that applies to electric vehicles and to expand the declared scope to apply to electric vehicles.

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.



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Posted by on January 27, 2012. Filed under Electric vehicles. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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