Electric Vehicle Subsidy Reduced

I do wonder if subsidies actually help. Is there not a temptation to keep prices higher knowing that Government take the edge off the final price? I must admit to not being particularly well up on prices of such vehicles but it will be interesting to see if the price of hybrids actually come down as a result of no longer having a subsidy. Perhaps new models will appear at lower prices to disguise the fact that there is a price reduction? Only time will tell.

Unfortunately all governments have a habit of changing policies that cause a spike in demand be it cars, solar panels or changes to VAT!!!

David

Would be very suprised if the price increases to the customer without the subsidy

We have been considering a PHEV, and were a little shocked to find out about the subsidy cut, what is further alarming rumours regarding some sort or fuel taxation of electric vehicle due the fall in petrol/diesel fuel duty revenue.

Gross incompetence ?

Govt will have to make good the shortfall in income from taxation if petrol/diesel demand drops. I believe it’s inevitable that taxation will play a part in the price of electricity used for charging cars and it’s naive to think otherwise, in my opinion.

The cost of building new (nuclear?) power stations has to be met from somewhere as the National Grid won’t be able to cope with future demand as we all plug in our cars every night.

We didn't get a subsidy when we bought our EV, it was pre-registered so we didn't benefit, we did negotiate a good price with PX so there are always ways to get the costs down. We're noticing more EV users and the public chargers aren't being increased at a fast enough rate.

The public chargers eg Ecotricity on the "electric highway" at motorway services are supposed to be 100% green electricity, wind and sun. Details LINK

How can we guarantee that the supply will be 100% green, it all goes onto the grid systems, I researched EV and found a lot of the publicity regarding pollution from the batteries inaccurate, in fact the manufacture of an EV and its lifespan is far less than diesels.

I am sorry this just another of many government stuff up.

To err is human. To really screw up you need a politician.

Because companies can purchase the "green" bit from the grid. We all know there is a mix in the grid but it can be costed out.

I will repeat on this thread that the batteries in our EV (note this is a modular system, not just one big battery, forget conventional batteries) are guaranteed for eight years and can then be recycled into energy storage.

Energy storage LINK

The BMW i3 price has not changed so the consumer takes the £1k hit. I feel sure that manufacturers will adjust their prices depending on the demand. For example, because BMW have introduced a battery with 30% more range but the same size as the old one, the finance cost (PCP) has gone up from 1% a year ago to 5.9% now. That will come down if sales drop off.

Over the next 2-3 years we are going to see a big switch to electric. The vehicle base cost is still high but when you consider no tax, low servicing cost and improving residual values everything is pointing to a change in people’s perception. Having just had a new diesel injector at a cost of £700, a car with no engine has quite an appeal.

We have hardly spent any money running ours Hitchglitch compared to a conventional motor and all the running costs. We wouldn't consider PCP, prefer to have total ownership. Unfortunately BMW aren't going to make the REX anymore and for us that was the deal breaker. We've had the back up on longer journeys, the REX costs us about £9 a month in fuel if we use it. Not sure, with the increasing use of motorway charging needs if a total EV would have been any good for us but as a city or local car they are excellent.