Jump to content

The expenses associated with operating an electric vehicle are increasing.


Recommended Posts

For those who may not be informed? In my opinion, I think it is necessary to revamp the VED regime and implement a uniform fee for all cars, regardless of their emissions, government incentives, mileage, age, or kind of propulsion. The one exemption pertains to the heightened tariff imposed on high-priced automobiles. In my own view.



Link to comment
Share on other sites

Although I completely agree that the Vehicle Excise Duty (VED) system has to be reformed, I would have preferred to see the present tariffs, which are based on carbon dioxide (CO2) emissions, transition towards being based on all types of pollutants, particularly nitrogen oxides (NOx) and particulate matter. The roads are funded by general taxes. Therefore, it is reasonable to consider providing appropriate incentives to the owners of cars that do not emit pollutants directly into our streets, which are in close proximity to hospitals, residences, bicycles, walkers, care homes, and children playing.

However, as it is an election year, our chancellor will prioritise actions those he believes would maximise his chances of gaining votes. The Prime Minister has already postponed the initial deadline of 2030 for the prohibition of sales of internal combustion engine (ICE) vehicles. Consequently, it seems that their rallying cry is essentially "if you desire to continue emitting pollutants, support our party in the elections".

Link to comment
Share on other sites

Is it OK to dispose of pollutants at a different location as long as it is not in close proximity to oneself?
(Apologies to electric vehicle enthusiasts, but I couldn't resist indulging in this.)

There is a need for some changes in Vehicle Excise Duty (VED) that accurately reflect the higher financial contribution made by internal combustion engine (ICE) vehicles compared to electric vehicles (EVs). Currently, EV owners are completely exempt from the Pay Per Mile Fuel Duty, as their pollution is mainly transferred to a different location than the point of use.

Link to comment
Share on other sites

There is no objection to paying Vehicle Excise Duty (VED), and it is fair to say that electric vehicles (EVs) should have been subject to this tax from the beginning, considering the incentives they received to increase sales.
I will get significant savings on my electric vehicle with a running cost of 2p per mile, compared to my previous hybrid vehicle with a running cost of 12p per mile. Please note that these prices only include gasoline expenses.

Link to comment
Share on other sites

A significant number of electric vehicle (EV) owners now perceive that there is a 20% value-added tax (VAT) imposed on charging their vehicles, particularly when they are not charging at their residence. Some individuals struggle to comprehend that it is a service, and so, the Value Added Tax (VAT) is set at a rate of 20%. They believe that the VAT rate for domestic usage should be the same as the 5% rate.

Some electric vehicle owners are in the "I want it all" mindset, expecting free or inexpensive services, but in reality, they must be willing to pay a reasonable fee.

Link to comment
Share on other sites

The movie fails to acknowledge that even if all internal combustion engine (ICE) cars were phased out and electric vehicle (EV) transportation became the standard, the globe would still continue to obtain and refine oil.

Petrol. Jet fuel, kerosene, and diesel are not the only derivatives of oil that we use. Lubricants, polymers, and medicines are heavily reliant on oil production. It is very improbable that electricity generating would ever achieve 100% renewable status, since it will always need supplementation from gas or oil generation.

Australia's significant contribution to global pollution lies in its large export of millions of tonnes of coal, which is burned in other parts of the globe. This export activity, rather than domestic oil refining, is considered the primary cause of Australia's 'worst pollution' reputation.

Link to comment
Share on other sites

Regarding Vehicle Excise Duty (VED) and the argument between Internal Combustion Engine (ICE) and Battery Electric cars (BEV): The existing tax on gasoline may be seen as a tax based on the distance travelled, with an additional penalty imposed on cars that use more fuel. In addition, we also have the hierarchical yearly Vehicle Excise Duty (VED).

The debate around the 5% or 20% discrepancy in BEV charging stems from the significant difference between charging at home and charging in public. It frustrates those who provide lower prices at their residence, but it represents a significant difference for others who are unable to charge their devices at home. The focus of this argument should be primarily on the concept of "levelling up" or, at the very least, achieving a more equitable distribution of resources and opportunities.

In order to effectively rule, a future administration (since the current one is ineffective) must prioritise the development of a comprehensive plan and a long-term strategy. Irrespective of their method of propulsion, all automobiles use the road infrastructure. Simultaneously, it is the inherent responsibility of a government to provide incentives that stimulate market activity, sometimes referred to as "nudging".

Currently, the "green levy" is unfairly focusing on household electricity while neglecting gas emissions. It is necessary to readjust some of these fees. Public charging charges should be subject to the same tax rate as household charging costs. The remaining disparity in pricing might be attributed to market dynamics that are diminishing. For instance, Sainsbury's has introduced its own in-house electric vehicle (EV) charging infrastructure, which is a notable departure from relying on third-party operators. This eliminates the involvement of two intermediaries seeking to generate profits. Although there is still a significant distance to go, the public quick charging sector will ultimately see genuine rivalry among providers, similar to how supermarkets upset fuel networks by offering complimentary items and other trivial merchandise.

Now, let's revisit the government's "levers" for achieving revenue and providing incentives:The user did not provide any text.
Obtain the actual income (allocated specifically for road infrastructure) via a duty based on the number of miles travelled. While our automobiles are becoming more adept at delivering data in almost real-time, the MOT safety assessments remain necessary to assure fairness and compliance. Individuals should have the capability to provide their own measurements in order to get more precise estimates of year-end renewal expenses (or a monthly payment scheme, similar to the way we often pay for utilities). Specifics may be determined based on the presence of a minimum fee.
If a government obtains its tax income based on mileage, it may decrease the amount it collects from gasoline, hence potentially reducing fuel duty. This brings about a more equitable balance between Internal Combustion Engine (ICE) vehicles and Electric Vehicles (EV) in terms of infrastructure funding. A decreased gasoline charge is still in place, serving as a motivating factor and ensuring that automobiles with high fuel consumption and pollution levels are adequately accounting for the actual expenses associated with their use. A Landrover Discovery should not be priced equivalently to a Fiat 500 for covering a distance of 7,000 kilometres in a year. While it is possible to implement a tiered Vehicle Excise Duty (VED) system based on different mileage levels for various automobiles, it would be more effective to focus on ensuring that the fuel duty is set at an adequate level to accurately charge drivers based on factors such as engine size (4L vs 1.3L) or driving style (aggressive vs frugal).

The objective is to ensure that automobile owners are held accountable for the infrastructure they use and any associated expenses that they may choose to ignore.

Link to comment
Share on other sites

To reverse this situation. ICE does not possess this privilege.

It is quite unlikely that anybody will raise the value-added tax (VAT) on household energy, considering the potential for a strong negative reaction from the people. Similarly, I would not anticipate seeing a decrease in its performance on alternative chargers. Unless the corporations engage in strong lobbying efforts, they must exercise caution in order to avoid harming the entities who provide them with subsidies for expanding the number of charges.

Since the charge networks are financed by substantial green investment funds, such as pension companies, it is crucial for them to generate a profit. Otherwise, the investment would cease to exist.
In my opinion, a significant portion of the charging networks will likely fail in the next years, and Tesla will acquire them at a low cost instead of developing their own network. Currently, Tesla seems to be targeting areas where other companies are already present. Due to their lower pricing, Tesla is putting these companies at a disadvantage. The company cannot lower prices to boost use since doing so would not provide sufficient returns for investors. However, if prices remain same, the company would also fail to generate returns due to the limited number of customers utilising their services.
Disregard companies like Shell and BP, who are just operating under the same framework as internal combustion engine (ICE) vehicles. Let's exploit everyone by charging exorbitant fees. The corporate cards will reimburse the expenses, but only a small number of individuals will get payment.

I am always sceptical and never find anything amusing.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...