EV Car grant
Author
Discussion

ColinMacC

Original Poster:

102 posts

120 months

Saturday 19th July
quotequote all
Just reading on the EV grant on new EV's - is it just me or will this not just make depreciation issues worse?
Surely the best move would be to apply a higher rate of business relief on second hand EV's - somewhere in the region of 50% - generate some genuine interest in second hand EV's from business users, thus propping up residuals and making them a feasible proposition for private buyers?

What are everyone's thoughts?

Windy Miller

226 posts

234 months

Tuesday 22nd July
quotequote all
Rather than spend the funding on trying to make EV's economic, use it to encourage supplies of E85 in the UK. Similar to France's now 3,900 filling stations that sell E85, 85% bio ethanol fueil;

https://www.bioethanolcarburant.com/trouver-une-st...

Whilst the UK have precisely zero E85 capable filling stations.

OK, a number of pros and cons with running E85, and not all vehicles can, those that do needing a conversion that might cost a few hundred quid, possibly into 4 figures. But enables the existing fleet to run "greener" without tearing Chile apart for the lithium.....

felix909

1 posts

1 month

Wednesday 23rd July
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Yeah, totally get what you’re saying. Giving grants on new EVs does help sales, but it can hurt resale value later. A stronger incentive for second-hand EVs, like better business relief, could boost demand and make them more attractive for everyone.



greend

3 posts

15 months

Wednesday 23rd July
quotequote all
Windy Miller said:
Rather than spend the funding on trying to make EV's economic, use it to encourage supplies of E85 in the UK. Similar to France's now 3,900 filling stations that sell E85, 85% bio ethanol fueil;

https://www.bioethanolcarburant.com/trouver-une-st...

Whilst the UK have precisely zero E85 capable filling stations.

OK, a number of pros and cons with running E85, and not all vehicles can, those that do needing a conversion that might cost a few hundred quid, possibly into 4 figures. But enables the existing fleet to run "greener" without tearing Chile apart for the lithium.....Same goes for LPG – another proven alternative fuel. In countries like Poland, it’s much more widely adopted thanks to services like this:
https://gaz-time.pl/instalacja-lpg/ They retrofit cars to run on LPG at reasonable cost. The UK could take a similar approach with E85 and LPG to reduce emissions now — without waiting for a full EV transition.
France is really far ahead in this respect. We are focusing on EVs, although E85 could be introduced much faster and cheaper. Compare the cost of charging stations and the cost of adapting to E85.

Edited by greend on Sunday 27th July 18:29

PolarBearsLuv2DrinkOil

26 posts

40 months

I like the idea of propping up the used market. That seems to be a well-known weakness in the EV equation.