Article preview: The government is reducing a significant financial incentive to purchase a new electric vehicle. The ‘plug-in grant’ applied to the purchase of brand new electric vehicles has been cut from £3,000 to £2,500. This incentive will also now only apply to electric vehicles’ purchased with a price tag of up to £35,000.
Plug-in grant scheme cut with a renewed focus on affordable electric cars
This 441-word blog post explains why the government is cutting the plug-in grant on the purchase of new electric cars. Written on 18th March 2021.
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