UK GOVERNMENT SHIFTS FOCUS OF EV GRANTS
The UK government has announced that it is shifting the focus of its plug-in grant scheme to encourage more people to make the switch to zero emission vehicles.
From December 15, the government will provide grants of up to £1,500 for electric vehicles priced under £32,000. This currently accounts for around 20 EV models available in the UK and allows for the funding to go further.
Grants for vans will be £5,000 for large vans and £2,500 for small vans. According to government data, Plug In Van grant orders are already over 2.5 times higher than those awarded in 2020.
The government is also introducing new rules in 2022 to increase confidence in the EV charging infrastructure. Motorists will soon be able to compare costs across networks in a similar format to 'pence per litre' for fuel. In addition, new standards will be brought in to ensure reliable charging.
Transport Minister Trudy Harrison said:
"The market is charging ahead in the switch to electric vehicles. This, together with the increasing choice of new vehicles and growing demand from customers, means that we are refocusing grant rates on the more affordable vehicles and reducing grant rates to allow more people to benefit, and enable taxpayers' money to go further."
UK battery electric vehicle sales accounted for 21,726 registrations in November, equating to nearly 19% of total monthly vehicle registrations, up from 15.2% in October.