Yesterday, the UK Government announced changes to grants available to offset the cost of a new electric car. <\/p>\n\n\n\n
The Grant previously contributed up to \u00a33,000 towards the cost of a new electric vehicle priced at \u00a350,000 or under, aimed at encouraging people to make the switch. However, the previously high cut off meant that the grant could be claimed towards some luxury, high-spec or sporty models.<\/p>\n\n\n\n
The cut off has now been slashed to \u00a335,000. By doing so, the government aims to allow for the funding to be available to more people for a longer time. Whats more, the number of electric cars priced under \u00a335,000 has nearly doubled since 2019 – so UK Gov is confident that this provides a realistic budget for motorists to make the switch to electric.<\/p>\n\n\n\n