EVs
Fleets' positive Autumn Statement response tempered by looming record fuel duty increase
A record increase in fuel duty could be set to temper fleet operators’ initially positive response to news that benefit-in-kind (BIK) tax for electric vehicles (EVs) will continue to be kept low to increase uptake.
Autumn statement 2022: EV taxes, national living wage, energy security
Chancellor of the Exchequer Jeremy Hunt revealed that electric vehicles (EV) will not be exempt from road tax from 2025 in an Autumn statement which claimed to prioritise “stability, growth and the protection of public services”.
Hyundai commits £11.4bn to subscriptions and mobility-led connected car future
Hyundai Motor Group plans to invest £11.4bn in a new global software centre and research and development (R&D) headquarters by 2030 as it targets a new era defined by pioneering connected car technologies.