Electric vehicle (EV) drivers have been urged to understand the extra road tax charges they’ll soon have to pay. EV insurance experts have clarified how much the new Vehicle Excise Duty (VED) charges will be from April 1, 2025.
Electric vehicles and zero-emission cars are exempt from paying road tax, but these rules will change from April 1 1il, 2025.
Experts urge drivers who own or plan on buying an electric vehicle to know about the changes.
As announced in the 2022 Autumn Budget, electric vehicle drivers will be expected to pay a VED charge in less than a Year.
Any new low- or zero-emission cars registered on the VED deadline (April 1, 2025) will be charged the lowest rate, which is currently £10 a year.
However, after the second Year of registration, these vehicles will move to the standard VED rate, currently set at £190 a year.
EV drivers who have first registered their vehicle between April 1il, 2017, and March 31, 2025, will be liable to pay the current standard VED rate of £190.
The Expensive Car Supplement scheme will end in less than a Year. Under this scheme, cars with a list price of over £40,000 must pay a surcharge (£355) for the first five years of registration.
The scheme is currently exempt for electric vehicles. However, from the 1st April 2025 deadline, drivers of low and zero-emission cars must also pay the surcharge.
Greg Wilson, Founder and CEO of Quotezone.co.uk, said: “Any current EV driver or motorist planning on purchasing a zero-emissions vehicle must ensure they are aware of the upcoming additional charges they will face.
“EVs are currently exempt from paying VED, but drivers have less than a Year to prepare for the new charges, which will be in place on April 1, 2025.
April 1, you’ve been driving your zero-emissions car since April 2017, and you will soon be subject to paying £190 in car tax.
“Anyone who registers their vehicle by April 1, 2025, is liable to pay the lowest rate (currently £10), which will be increased to £190 after the first Year.
“These road tax charges will affect all current and future electric vehicle drivers, so it’s important for anyone planning to buy a zero-emissions car to know what they will be expected to pay in less than a year and factor these changes into their decision-making process.”
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