ELECTRIC
TOPGEAR’S GUIDE TO THE FUTURE OF EVERYTHING
“EVs ARE CHEAPER TO TAX AND RUN”
MYTH BUSTER
We have a fixed date to switch new cars to ZEV. We’re neglecting to plan other necessary changes. Electric drivers pay little tax at the moment. It’s just five per cent VAT for the energy if charged at home. Petrol drivers pay something above 100 per cent in duty and VAT. For company car drivers the difference in BIK is even starker. A 40 per cent taxpayer choosing between a 4-Series Gran Coupe petrol and the equivalent i4 would be £8,000 a year better off if they went electric.