To be honest I don't think they will tempt many owners out of a 16 year old banger into a brand new Tesla to save a few pounds on insurance.

It might get a few people to buy "greener" to save on insurance but in reality the £250 a year I pay for insurance is peanuts compared to the rest of my motoring costs, especially depreciation.

The whole point of insurance is to price the cost of repairs against the risk of an accident, theft, etc, etc, in addition to the claims history down to the person driving the car and the risk of claims due to the area the live/work.

Whether a car is 'green' or not should have, in my opinion, zero to do with the premium charged, especially as many poorer people cannot afford EVs and won't for the forseeable future, let alone 'newer' ICE engined (including hybrid) cars.

It hardly encourages them to be a responsible owner (keeping up with maintenance) or driver if they see Tarquin on the other side of town secure a lower rate for his Tesla, not because the risk is lower, but because it doesn't emit anything at the exhaust pipe, despite its performance or cost of repair.

If EVs become safer, more secure and cheaper to repair, then fine, but I think this sort of virtue-signalling is ridiculous. We have enough of such wokeness elsewhere in the business world (amongst many spheres in society today) - the last thing we need is another area, especially where those at the bottom will likely be subsidising (yet again, as with grants for EVs) the well-off.