John Clay, head of vehicle identification at Cap HPI
The industry has raised concerns about the availability of WLTP data, and the BVRLA recently warned that it could hamper efforts to work out tax, which, in many cases, could be much higher than before (under WLTP).
A great deal of work has gone on behind the scenes to ensure that fleets have the data they need to operate efficiently and profitably. By working across the industry, Cap HPI will be ready for the introduction of WLTP-based motoring tax in April 2020.
The team at Cap hpi has already achieved an 85% fill-rate across all manufacturers. We have worked closely with partners across the industry to ensure that our fleet customers have the data they need to navigate the transition to WLTP CO2 emissions values from April.
Data for both NEDC and WLTP values are available, and support is on-hand to advise on using the new vehicle data. The requirement for the supply and consumption of the new values from manufacturers has impacted the whole industry, and Cap HPI has developed a dual solution to support our customers through the change to the new values.
Our new vehicle data contains static WLTP values and, following discussions with manufacturers, it’s expected the fill-rate will continue to rise over the coming weeks.
If options are added to a derivative, then the WLTP CO2 emissions values will change. It can have a significant impact on its tax band. Our new WLTP Emissions Service API for dynamically configured vehicles handles these scenarios, and it is also on track to be ready with real-time WLTP CO2 data by April.
WLTP comes into force in the UK on April 1 for VED and April 6 for company car tax. Vehicles registered after this date will be taxed using the new WLTP CO2 emissions values. The values will relate to the specific configuration of an individual vehicle, taking optional equipment fitted to the vehicle into account for the first time.
The requirement for the supply and consumption of the new values from manufacturers has impacted the whole industry, with manufacturers and downstream customers having to make significant changes to systems and business processes.
Work continues with a significant number of OEMs to integrate with their APIs. We are also launching new internal systems that provide the Cap HPI new vehicle data team with enhanced capability to accurately capture the data that operates the WLTP Emissions Service API.