UK Revives Electric Car Grant but With Strict Limits

UK Revives Electric Car Grant but With Strict Limits

The UK government has reintroduced grants for electric vehicles (EVs) in a bid to boost lagging consumer demand, but industry insiders warn that most buyers may be left behind. Unveiled late last week, the new electric car grant will offer up to £3,750 off the price of a new EV, targeting models priced under £37,000 and meeting strict environmental production standards. Backed by £650m in public funding, the grant aims to accelerate the adoption…

Auto front and centre of UK growth agenda

This week saw the return of an electric car grant for the first time since 2022 – a welcome move and one that responds to long-term calls by the industry for an incentive to move a market beyond current levels of natural demand. Establishing operational certainty and deployment of the scheme at speed are now critical, however, to give the market the best possible boost. Consumers have more than 130 electric models to choose from, with increasing…

No plans to resume 'big success' EV scheme five years from fossil fuel ban - Jersey Evening Post

THERE are no plans in Jersey to follow the UK by reintroducing grants to buy electric cars – five years before a proposed ban on the importation and registration of petrol and diesel vehicles new to the Island. This week, the UK announced that motorists will be given up to £3,750 to switch to an electric vehicle, resurrecting a scheme that was scrapped in June 2022. Jersey ran its own incentive scheme, between August 2023 and last December, with…

Highways Magazine - DfT unveils £713m EV roll-out plans

The Department for Transport (DfT) announced two new funding schemes totalling £713m designed to boost the UK’s electric vehicle (EV) ‘revolution’.

BLOG The electric car grant is both necessary and welcome

The government’s latest move to boost electric vehicle uptake is both necessary and welcome. The new £650 million Electric Car Grant will offer up to £3,750 off the price of new battery-electric vehicles priced under £37,000. It’s a positive intervention, and one that couldn’t come at a better time. EV uptake by private buyers has stalled in recent months. Just under 20% of electric vehicles are now sold to individuals, with the majority going t…

Chinese EVs set to be excluded from UK's Electric Car Grant

Other EVs manufactured in Asian countries, such as in Korea or Japan, are also expected not to qualify EVs manufactured in Asia, including in China, are expected to be excluded from new UK electric car purchase incentives once strict new criteria is applied, including penalising battery manufacturing in countries with carbon-intensive grids. The Electric Car Grant is backed by £650 million of government funding and will knock up to £3750 off the…