Ultimately, if we all drove VED-exempt cars or rode bicycles, the govt would need to find some way of generating the lost ‘income’ from everyone paying VED
So, they’s either “reinvent” the VED scheme & charge individal owners, or implement a pay-to-drive scheme where you’re charged based on mileage driven.
Cyclists should still be exempt (biased, moi?), as I can’t see how a registration system for bikes could ever be financially viable considering how much a scheme would cost to implement, administrate & enforce.
Unless the cost was absorbed in the charges made to motorists.
Which would really make them happy.
And give them a real reason to resent cyclists.