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Why electric car drivers are about to be taxed more

May 5, 2026
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City AM

As the government prepares to introduce a pay-per-mile tax on electric cars, one trade association has warned the new levy may in fact cost the government money. BEAMA has told City AM that the tax may deter people from buying EVs, thereby losing the government billions in VAT. BEAMA's Head of Electrical Transport Systems, Matthew Adams, spoke to City AM's daily podcast, Business As Usual. Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam
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