UK EV owners saved an estimated £47.7 million by renewing their Vehicle Excise Duty (VED) before new regulations on April 1st, 2025.
There was a 1,467% surge in VED renewals for electric cars in March 2025 compared to the same month last year.
Renewing VED before the new regulations allowed EV owners to secure an additional year of tax-free driving, resulting in 244,598 renewals in March 2025.
Specific UK postcodes like Bath and Birmingham saw significant increases in EV VED renewals, with potential savings amounting to millions of pounds.