Motoring Podcast - News Show

GOVERNMENT BUDGET STATEMENTThe Chancellor of the Exchequer announced that electric vehicles will, from 2025, be required to pay Vehicle Excise Duty (VED) for the first time. This will be £20 in the first year, if brand new, then rising to £165 per year after that. The extra charge for cars over £40,000 will also come into force at the same time. Fleets will also be impacted, not just via the introduction of VED but at the Benefit in Kind rate is changing. They will rise 1% from 2025 to 2028. Added to this, there are changes to National Insurance contributions, charging costs and workplace charging point installations. These are all protected to some degree, but home charging will not be as the Government is reducing the help it gives households, from April next year. To read more, click this Autocar article. For more context, click the Autocar article from Alex Grant here. THIERRY BOLLORÉ TO LEAVE JLRThierry Bolloré has announced that he will be leaving Jaguar Land Rover, after only a couple of years in charg