Mitsubishi backs VAT-free EVs
Monday 13 June 2011 | By Evolution InternetBack to Newsroom
Individuals looking to lease a Mitsubishi L200 pickup may be interested to hear Mitsubishi Motors in the UK is backing a call for VAT to be suspended on pure-electric vehicles (EVs).
The company has announced its support for motoring journalist Quentin Willson and the RAC's campaign.
Lance Bradley, managing director of Mitsubishi Motors in the UK, said: "Making pure-EVs VAT exempt, even if only for a limited time to help establish an early market, would give this motoring revolution the extra boost that it needs."
He suggested that customers would be more inclined to consider purchasing an EV if the vehicles were closer in price to conventional cars.
According to Mr Willson, removing VAT would bridge the gap between the two models and increase investor confidence.
The RAC recently reported that just 500 EVs have been sold in the country so far in 2011, so therefore it is vital the government looks at ways to make green vehicles more affordable.