Tag Hydroelectric Energy

UK Faces Tax Crisis as Electric Cars Threaten Government Revenue

Britain is heading toward a financial cliff as the shift to electric vehicles threatens to devastate government coffers, according to a stark warning from the Office for Budget Responsibility. The agency’s latest fiscal report reveals that without major policy changes,…

New UK Tax Could Add £300 to EV Charging Costs, Industry Warns

Electric vehicle drivers in the UK could face significantly higher charging costs under proposed government tax changes that would impose business rates on public charging stations for the first time. The UK’s charging industry warns it could be hit with…