Electric Vehicles: Taxation

(asked on 24th April 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if her Department will make an assessment of the potential merits of hypothecating revenues from the zero emission vehicle mandate for decarbonising transport.


Answered by
James Murray Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 1st May 2025

HM Treasury expects to receive no income from the ZEV mandate, due to the mandate design framework.

The Chancellor provided over £300m for EV uptake and £2bn to support domestic manufacturing at the Autumn Budget.

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