UK’s Jeremy Hunt to Impose Road Tax on Electric Cars: FT

UK Chancellor Jeremy Hunt will introduce a vehicle excise duty that includes electric vehicles, FT reports, citing unidentified people briefed on Hunt’s plans.

• Introduction of excise duty to EVs would go into effect from 2025-2026, unidentified people briefed on the plan added to FT
• Treasury declined to comment to FT ahead of its fiscal statement on Nov. 17

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Sebastian Tong

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