UK to Implement Mileage Tax for EVs and Plug-In Hybrids

The planned policy aims to offset declining fuel duty revenues as gasoline vehicles are phased out nationwide.

Summary

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Terms & Concepts
  • Mileage Tax: A tax based on the distance a vehicle travels, designed to generate revenue independent of fuel consumption.
  • EV (Electric Vehicle): A vehicle powered entirely by electricity, using batteries instead of an internal combustion engine.
  • Plug-in Hybrid: A vehicle combining a gasoline engine with a rechargeable battery that can be charged from an external power source.