‘Very surprised’: Industry experts question ‘strange’ timing of electric car grant cuts

Electric cars: Driver reveals struggle in having vehicle serviced

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info

Since 2010, the Government has invested £1.5billion through the electric car grant scheme, supporting nearly half a million vehicles. More than one in 10 of all new cars that are sold are zero emission, with electric van uptake accelerating at pace, with grant orders up 250 percent.

In response to the positive sales figures of EVs, the Government has announced a cut of 40 percent to the grants available to drivers.

From today, the Government will provide grants of up to £1,500 for electric cars priced under £32,000, focusing on the more affordable vehicles and making best use of taxpayers’ money.

Wheelchair accessible vehicles are being prioritised, with a higher grant of £2,500 for vehicles priced under £35,000.

Small vans will also receive £2,500, and large vans £5,000, with a per financial year limit of 1,000 grants per business to ensure that funding is spread fairly.

This is the second cut in just nine months, when grants were slashed from £3,000 to £2,500 and excluded models that cost more than £35,000.

Joel Teague, CEO of Co-Charger, questioned the speed at which this measure was brought in, especially so soon after cuts in March.

Speaking exclusively to Express.co.uk, he said: “It’s the suddenness I’ve seen a lot of squeals about.

“It seems an odd one to do so soon after cutting it before, but the truth is they’re selling every EV they can make at the moment.

DON’T MISS
Transport ministers look to end private car ownership [SHOCKING]
Motorists warned of ‘disruption’ from Christmas traffic next week [WARNING]
Drivers call on E10 fuel to be ‘scrapped’ over efficiency and damages [INSIGHT]

“I suppose at times like this, you’ve got to point money at those who most need it, and that’s not necessarily those who can afford to buy a new car right now.

“So, I can see why they’re doing it, but I’m very surprised they didn’t announce it for March or something later.

“I do have a lot of sympathy for the car retailers who are now stuck because they’ve struck a deal at one price and now suddenly it’s a different price.

“It does seem a strange measure to bring in and I am surprised at the immediacy, I mean for goodness sake, have a little bit of sympathy for the industry trying to cope already with huge problems.”

Save 10% on your MOT

It’s Kwik Fits’ Midsommer Madness sale and you can take 10% off your MOT Test with the UK’s #1 MOT tester – just click the link to book online.


Source: Read Full Article