Government Grants for different types of electric vehicles
There are seven different types of electric vehicles (EV’s) that qualify for government grants.
Cars
Cars
The government’s ‘plug in’ financial grant is designed to encourage and increase the purchase of electric cars in the UK.
The grant is restricted to 35% of the purchase price, capped at £2,500, towards the cost of a plug in electric car.
There are various conditions to be met in order to get this grant:
1. It must be brand new.
2. It must have CO2 emissions of less than 50g/km.
3. It can travel at least 70 miles without any emissions at all (its electric range).
4. It must cost less than £35,000. This figure is the recommended retail price (RRP), and this includes delivery fees and VAT. All fully battery electric cars (costing less than £35,000) will qualify, but very few hybrids will qualify as they will not have the required electric range. The dealer will reduce the vehicle’s price by the value the value of the grant.
Motorcycles
To qualify for the grant, these vehicles must have no CO2 emissions at all.
They must be able to travel at least 31 miles between charges.
The grant will account for 20% of the purchase price, capped at £1,500.
Mopeds
To qualify for the grant, these vehicles must have no CO2 emissions at all.
They must be able to travel at least 19 miles between charges.
The grant will account for 20% of the purchase price, capped at £1,500.
Small vans
Small vans that qualify for a grant will have less than 2,500kg gross vehicle weight. They must have CO2 emissions of less than 50g/km.
Large vans
These vehicles must have between 2,500kg and 3,500kg gross vehicle weight. They must have CO2 emissions of less than 50g/km and must be able to travel 60 miles without any emissions at all.
The grant will account for 35% of the purchase price for these large vans, up to a maximum of £6,000.
Taxis
Purpose built taxis must have CO2 emissions of less than 50g/km and must be able to travel at least 70 miles without any emissions at all.
The grant will account for 20% of the purchase price for these taxis, up to a maximum of £7,500.
Trucks
Qualifying trucks must have between 3,500kg and 12,000kg gross weight. They must have CO2 emissions of at least 50% less than the equivalent conventional Euro VI vehicle that can carry the same capacity.
They must be able to travel at least 60 miles without any emissions whatsoever.
The grant will cover 20% of the purchase price, capped at £16,000. This grant will be available for the first 250 orders placed.
However, grants at the £16,000 rate are restricted to 10 grants per customer.
Once the 250 order limit is reached, a maximum grant rate of only £6,000 per vehicle will apply.
