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For an undisclosed fee, a division within Mini's Plant Oxford will strip out the original car's A-series engine and replace it with a 121bhp electric motor and battery.
For an undisclosed fee, a division within Mini's Plant Oxford will strip out the original car's A-series engine and replace it with a 121bhp electric motor and battery.
Is road pricing looming? Treasury says switch to electric cars will leave a hole in tax revenues and it is 'considering how to offset' lost income Treasury says in latest Net Zero Emission review that it faces a fiscal black hole from lost revenues generated from drivers through vehicle and fuel taxes It says government will need to consider how to offset these lost tax revenues This could be achieved through 'adjustments to other taxes or reductions in government spending' Rishi Sunak is reportedly in favour of a 'pay-as-you-drive' road pricing scheme The UK Energy Research Centre has propos...
Treasury says move to electric cars will leave a hole in tax revenues Rob Hull For Thisismoney.co.uk © Provided by This Is Money MailOnline logo The Treasury has said it must consider how to offset a fiscal black hole from lost tax income when drivers transition to electric vehicles in its latest report. It said it will be forced to increase other taxes or cut funding for services to compensate for the loss in taxes on polluting cars as well as fuel duty. The report comes admit reports that Rishi Sunak is reportedly in favour of a 'road pricing' scheme, which could see mo...