Reply To: SMMT chief calls for electric cars to be exempt from VAT

#130456
Wigwam
Participant

    I need to look at the big picture?  I’ve avoided muddying the waters by pointing this out until now, alan1302, but global production of EVs is way behind demand and will be for some while.  Stimulating demand where supply is short enables manufacturers to charge higher prices.  The SMMT is there to maximise profits for the motor industry, not benefit the economy.