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UK EV drivers save £47 million by renewing road tax early

  • 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.

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