Rise in demand see Government grants for EVs lowered
Following a rise in the demand for electric cars, the Government are due to confirm plans to lower the discount available for prospective drivers through the plug-in grants that are currently on offer.
According to a report from The Times, buyers will only be given a £2,500 discount towards the purchase price of an electric car. This is a drop off of £500 compared to the previous £3,000 that was given to those opting for an electric car instead of a combustion engine alternative.
Perhaps the biggest change is the lowered price bracket that the grant will now be available to. Previously electric cars that had a list price of no more than £50,000 would be eligible, however, this will now drop to a maximum of £35,000.
The Model 3 has been a hugely popular option for motorists in the United Kingdom, despite its £40,500 price tag. As a result of the change, anyone looking to get behind the wheel of one will be required to pay full price.