
"In a cost-of-living crisis, a stonking 20% price hike will be a hammer blow to already hard-pressed Londoners. But the decision to slash discounts for electric vehicles is a total betrayal of those who did the right thing and invested in going green to help clean up London's air. Businesses, traders and families invested huge sums to decarbonise their vehicles because the Mayor told them to - and now he's moving the goalposts and hitting them with huge charges."
"The Mayor is pulling the rug out from under London's EV market at precisely the time we should be hitting the accelerator and helping everyone go electric. Just this summer, the Government launched a £650 million grant scheme to boost EV uptake - yet the Mayor is doing the opposite and removing incentives. "It's extremely short-sighted, it will cost Londoners, it will cost our environment, and it's all the more disappointing"
Transport for London will raise the daily Congestion Charge from £15 to £18 from 2 January 2026, a 20% increase during a cost-of-living crisis. Discounts and concessions for electric vehicles will be reduced, increasing charges for individuals, families, businesses and traders that invested to decarbonise their fleets. The change contrasts with a recent £650 million government grant scheme to boost EV uptake and is expected to slow EV market growth in London. The policy is described as short-sighted and likely to harm both household finances and environmental progress toward net-zero goals.
Read at London Business News | Londonlovesbusiness.com
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