UK government to introduce new road tax band for electric cars

The UK government has today confirmed that a new road tax band for hybrid and electric vehicles will be introduced in the UK in 2015:-

"Two new company car tax bands giving incentives for low and ultra-low CO2 emissions vehicles will be introduced from April 2015.

The new bands will cover the 0-50g/km CO2 emissions range i.e. hybrid and electric vehicles – and should help improve the take-up of alternatively fuelled fleet and company car vehicles."

This can only help the electric car industry because if businesses see savings on transport spending by looking at EVs then sales will improve and hopefully snowball.