No tax incentives for a start.
You get a £2500 grant off the price of a new EV, and £350 towards the cost of a home charger. There is no VED payable for full EVs
I don't deny that EV ownership at the moment is significantly more expensive than ICE car ownership, especially if buying used since EVs are holding their value extremely well, and it's certainly true that any form of car ownership is not going to get any cheaper for anyone.
I didn't buy my EV on a cost-benefit analysis, but I appreciate that many people do not have this luxury, and for them I genuinely wonder what they are going to do as and when ICE car ownership gets taxed out of affordability. I guess that very many people will move away from the idea of personal car ownership.
