Government Grant Cuts on Electric Vehicles

16/10/2018
Posted by: The Electric Cars Trader Team

The Government has announced that from the 9th November it will be removing the grant for Plug-in Hybrid Vehicles (PHEV) and reducing the amount you recieve for Electric Vehicles (EV).

As an avid EV follower and advocator it is disappointing to see this news. It is a shame that our government cannot see the benefit that our country will have by having more of these vehicles on the road sooner.

However it’s not all doom and gloom. We have to be thankful for the fact that they are at least allowing us to keep the grant for the EVs (even if it isn’t as much as before).

So what are the changes?

  1. The Plug-in Hybrid grant where you could have got £2500 off a new vehicle is being scrapped.  
  2. The EV grant is being reduced from £4500 to £3500.

It is a shame that this has happened so soon. As I have said many times, we are on the very edge of a revolution, all we need is that last little push to open the flood gates for PHEVs and EVs.

The inevitable will happen. Fewer people will look at, let alone buy a new Plug-in Hybrid. Which for a lot of people is the start of their transition from the Internal Combustion Engine (ICE) car to a full EV. One positive we can take is that we may see more people taking the leap sooner and getting themselves in an EV before they change the grant scheme again.

I sincerely hope these recent changes don’t affect our movement. I am sure they won’t. We have seen over the years that people who are serious about going green are ready to do it on their own accord and not because the Government is giving money towards it.

Matt Shillings

Electric Cars Trader   

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