In a short statement, the Office for Zero-Emission Vehicles confirmed that the government would be turning their attention towards electric car funding. Public charging and supporting the purchase of other road vehicles will be two of the main focuses.
£300 million of funding will be made available for other forms of electric transportation, such as vans, taxis and motorcycles as the government aims to reach their net-zero targets.
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Reacting to the news, Transport Minister Trudy Harrison said, “The government continues to invest record amounts in the transition to EVs, with £2.5 billion injected since 2020, and has set the most ambitious phase-out dates for new diesel and petrol sales of any major country. But government funding must always be invested where it has the highest impact if that success story is to continue.
“Having successfully kickstarted the electric car market, we now want to use plug-in grants to match that success across other vehicle types, from taxis to delivery vans and everything in between, to help make the switch to zero-emission travel cheaper and easier.”
Low emission vehicles now make up a large percentage of the new cars hitting our roads every month. The government report that electric car sales have risen by 70% in the last year.
Almost 100,000 low-emission vehicles have been sold in the first five months of 2022. In contrast, fewer than 1,000 electric cars were sold in 2011 – highlighting the impressive success of the scheme.
More information on the cuts to the Plug-in Car Grant can be found on the government website.
The good news for anybody considering an electric car lease deal is that any EV that has been already been taxed before June 14, 2022, will still be eligible for the grant.
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