OPIN­ION

Classic Car Weekly (UK) - - Contents -

Russ Smith Se­nior con­trib­u­tor

Fol­low­ing the Gov­ern­ment’s rul­ing that all new ve­hi­cles must be elec­tric-pow­ered from 2040 a lot of peo­ple have been run­ning around like head­less chick­ens pre­dict­ing the end of petrol sup­plies and the death of the clas­sic car mar­ket.

Look­ing into th­ese pro­pos­als, it seems hy­brids will be al­lowed to be sold un­der the new leg­is­la­tion so there will still be a need for fuel pumps to sup­ply all th­ese cars. That should come as no sur­prise as the Gov­ern­ment needs the in­come from fuel duty, which cur­rently adds £27.5bil­lion to its tax cof­fers – a large hole to fill. To fill it, the cost of run­ning elec­tric ve­hi­cles will have to rise steeply, so any­one rub­bing their hands at the idea of al­most free fuel and be­ing ex­empted from pay­ing VED are go­ing to get a nasty shock at some point. It is also 23 years un­til this takes place... in a world where a week is still a long time in pol­i­tics.

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