Introduced as part of the government’s incentives to encourage more drivers to switch from a petrol or diesel to an electric car, owners of EVs do not need to pay for annual road tax.
Instead, to avoid being fined, drivers need to go onto the DVLA website and register their vehicle as taxed every year.
Motorists can also receive a road tax exemption if they own a classic car or commercial vehicle that was first registered more than 40 years ago.
Nevertheless, whilst electric car drivers are currently able to save hundreds on their running costs, time is running out.
In November 2022, Chancellor of the Exchequer Jeremy Hunt announced that electric vehicles will become liable for road tax from April 2025.
The Chancellor noted that the growing number of electric vehicles could cause a £35billion loss to the government if a form of road tax is not introduced for these cars.
