Budget 2020: Green light for cleaner vehicles, but further clarity needed

Budget 2020: Green light for cleaner vehicles

Justin Benson comments on the Chancellor’s announcements in the 2020 Budget.


Also on home.kpmg

Justin Benson, UK Head of Automotive at KPMG, comments on the Chancellor’s announcements in today’s Budget. He said:

“The Government’s willingness to support clean vehicle technologies to improve air quality and the environment is important. Whilst regulation is already in place for cleaner vehicles on the road, cutting taxes on these is the right way forward, particularly to boost consumer demand. This will also encourage car manufacturers to develop these cleaner technologies more quickly. 

“Another boon for the sector is the £500m announced for car charging hubs, which should help to alleviate range anxiety for consumers interested in electric vehicles. However, whether this is new money – and not the £400m announced via the Industrial Strategy - remains to be seen. So watch this space, as more detail is needed.”


Follow us on twitter: @kpmguk #Budget2020

For media enquiries, please contact:

Jo Chileshe, Corporate Communications Manager


About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 17,600 partners and staff.  The UK firm recorded a revenue of £2.40 billion in the year ended 30 September 2019. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 147 countries and territories and has more than 219,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such. 

You are receiving this email as a press contact of KPMG in the UK. Our privacy policy can be viewed at kpmg.co.uk/privacy. To opt-out of receiving our press releases please contact pressoffice@kpmg.co.uk.

© 2021 KPMG LLP a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.

Connect with us


Want to do business with KPMG?


loading image Request for proposal

Save, Curate and Share

Save what resonates, curate a library of information, and share content with your network of contacts.

Sign up today