Skip to content
Policy & Market
United Kingdom

CILT UK urges Chancellor to cut electricity costs and boost EV charging investment in Autumn Budget

By Eve

The Chartered Institute of Logistics and Transport UK has called on the Chancellor to use Wednesday's Autumn Budget to make electricity more affordable and accessible for businesses investing in electrification and EV charging infrastructure. The institute warns that high electricity costs and limited grid connections are hindering investment in electric vehicles and charging facilities, while some electrified rail routes lack sufficient power to operate all services, forcing freight trains to rely on diesel.

Why it matters

Lower electricity costs and improved grid access could unlock stalled EV charging and fleet electrification projects across the UK logistics sector. Budget measures addressing these barriers would directly affect procurement decisions by hauliers, rail operators and charging point operators facing cost pressures.

Source

Original title
“chancellor urged include clean transport budget”
Published
26 October 2026
Updated
27 October 2026

In this story

Related news

US EV market shows slow recovery a year after the $7,500 federal tax credit ended

The $7,500 EV tax credit ended on 30 September 2025, and the Trump administration and Congress also removed fuel economy regulations and other policies supporting EVs. JD Power data shows the electric share of US retail car sales rose to over 14% in September 2025, fell to 7.1% in October and reached 5% in November, a level not seen since 2022. The article reports that the market has since started to rebound gradually, with JD Power's Tyson Jominy describing it as more resilient than might have been expected.

Why it matters

A sharp pull-forward in demand followed by a steep fall, then a gradual recovery, affects how CPOs and funders should model utilisation and charger rollout timing in the US. Slower EV uptake without federal incentives raises the importance of realistic demand assumptions in bids and business cases.

United States
31 Oct 2026

Source

COP31 "35 by 35" electrification goal depends on rapid road transport shift to zero-emission vehicles

Türkiye and Australia, through the COP31 Presidency Action Agenda, are leading the "35 by 35" initiative to lift electricity's share of global final energy consumption from roughly 20% today to 35% by 2035. Electricity accounts for less than 1% of energy use in road transport, so closing the gap will require an immediate and rapid move to zero-emission vehicles. The analysis models a Baseline scenario, based on adopted policies and expected market developments through 2050, and an Ambitious scenario assuming full implementation of the ZEV Declaration and the Global MOU on zero-emission medium and heavy-duty vehicles, with the two paths diverging sharply toward 2050.

Why it matters

Road transport is described as the fastest-growing frontier for new electricity demand, which points to sustained need for charging infrastructure across both light-duty and truck and bus segments. Procurement teams and CPOs should watch whether the ZEV Declaration and the heavy-duty MOU commitments translate into national policy, as that would shape the scale and timing of future charging demand.

30 Oct 2026

Source

BIK taxation rates extended to 2030–31 with minimal rise, boosting salary sacrifice schemes

The UK Treasury has extended benefit in kind taxation rates for electric cars through to the 2030 to 2031 tax year, with zero emissions vehicles rising by just one percentage point to 10%. Arval UK's head of sales for large corporate and international, John Peters, said the five year certainty and minimal increase will support ongoing fleet electrification, noting that low employee taxation has driven the widespread switch to electric cars in recent years.

Why it matters

Extended BIK certainty to 2030–31 gives fleet operators and salary sacrifice providers a stable planning horizon for electric vehicle programmes, while the modest rate increase preserves the tax advantage that has underpinned corporate EV adoption and associated charging infrastructure demand.

United Kingdom
30 Oct 2026

Arval (uk) · Source