ZE Plug-in grant extended!
Added: 27 August 2015
Car buyers are to continue to be able to benefit from £5,000 off the cost of an electric car after the Government announced today it would extend the plug-in grant scheme.
The financial incentive will continue to be available until at least February.
Previously, ministers had announced that grant levels would be reviewed once 50,000 vehicles had been sold, a milestone expected to be reached in November.
As a result, all plug-in cars with CO2 emissions of 75g/km or less will remain eligible for a grant. Grants are available for 35% off the cost of a car, up to a maximum of £5,000 and 20% off the cost of a van, up to £8,000.
Transport minister Andrew Jones said: “The Government is maintaining the current levels of grant, even as we move past the milestone of 50,000 vehicles.
“The UK is now the fastest growing market for electric vehicles in Europe. We will continue to invest to help make this technology affordable to everyone and to secure the UK’s position as a global leader.”
The Government recently announced that a minimum of £200 million has been made available to continue the plug-in car grant and this latest news will add extra incentive to private buyers and fleets who were looking to ‘go electric’ in 2015 and 2016.
For more information on our electric vehicles visit our Renault Twizy, ZOE or Citroen C-Zero Pages - alternatively if you have any questions regarding ZE Vehicles or the Plug-in scheme CONTACT US and a member of our team will be happy to help you with all the options available to you!
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