GB: Government no longer provides incentives for electric models. Vauxhall (Stellantis' UK brand) chief executive James Taylor said this budget "does not provide the acceleration needed to prevent the UK's transition to electric vehicles from stalling" The Society of Motor Manufacturers & Traders (SMMT) and Alex Smith, number one at Volkswagen UK, have asked for a cut in the VAT rate on public top-ups - which is currently 20% - to drop to 5%.