Zipcar Pulls Out of the UK as London Prepares New EV Congestion Fees

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Why This Matters

Zipcar has announced its withdrawal from the UK market, citing the introduction of new EV congestion fees in London as a reason, which is expected to lead to job losses and impact the car-sharing industry.

Market Impact

Market impact analysis based on bearish sentiment with 82% confidence.

Sentiment
Bearish
AI Confidence
82%

Article Context

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Zipcar has reached the end of the road in the UK after its US owner pulled the plug on operations in the run up to the introduction of fresh London Congestion Charges for electric vehicles. The car hire business has begun a formal consultation with employees in the UK and will stop taking new bookings beyond the end of the year, according to a company statement, in a move likely to lead to dozens of job losses. In an emailed message to customers, Zipcar UK general manager James Taylor said: “I’m writing to let you know that we are proposing…

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Original article published by OilPrice.com on December 2, 2025.
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