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<p>The Government had already committed £1.5 billion to support the early market and
remove barriers to ZEV ownership. Alongside the new phase out dates for new petrol
and diesel cars and vans, we have pledged a further £2.8 billion package of measures
to support industry and consumers to make the switch to cleaner vehicles. These ambitions
will include up to £1 billion to support the electrification of UK vehicles and their
supply chains, £1.3 billion to accelerate the roll out of charging infrastructure
and £582 million for plug in vehicle grants.</p><p>The March 2020 Budget included
the extension of favourable benefit in kind tax rates for zero emission vehicles out
to 2025: company car tax is 1% in 2021/22 and 2% in 2022/23 through to 2024/25; and
all zero emission cars are exempt from vehicle excise duty (VED)</p><p><br> We are
currently consulting on the proposed regulatory framework for the UK with regard to
all newly sold road vehicles which includes the option for a ZEV mandate. The consultation
closes on 22 September.</p>
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