- The Government has cut the plug-in car grant from £3,000 to £2,500 for eligible low-emission vehicles.
The grant remains available for all electrified vehicles with CO2 emissions of less than 50g/km and able to travel at least 70 miles without any emissions, but the maximum RRP (including VAT and delivery fees) for eligible cars has now dropped from a maximum of £50,000 to £35,000.
As a result, some of the most popular EV’s such as the Tesla Model 3, Hyundai Kona Electric and Kia e-Niro are all now excluded from the Government grant.
Plug-in van customers had been previously eligible for grants of up 20% of the purchase price, up to a maximum of £8,000. This has also now been updated to 35% of the purchase price for small vans, up to a maximum of £3,000, and 20% of the purchase price for a large van, up to a maximum of £6,000.
Transport Minister Rachel Maclean said: “The increasing choice of new vehicles, growing demand from customers and rapidly rising number of chargepoints mean that, while the level of funding remains as high as ever, given soaring demand, we are refocusing our vehicle grants on the more affordable zero emission vehicles – where most consumers will be looking and where taxpayers’ money will make more of a difference.” … “We will continue to review the grant as the market grows."
- BMW has revealed the upcoming BMW i4 this week at the BMW Group Annual Conference.
The BMW i4 is a fully electric 4-door Gran Coupé based on the current 4 Series and will enter the market during the course of 2021, including a BMW M Performance model.
The BMW i4 model line will be available in different versions covering ranges of up to 366 miles (WLTP). With a power output of up to 530 hp, the BMW i4 will accelerate from zero to 60 mph in around 4 seconds.
Full details on the BMW i4 will be released in the coming weeks.
- Peugeot has unveiled the New Peugeot 308.
Sporting a new design, premium interior and the first model to feature brand’s new logo, the New 308 is available with two plug-in hybrid powertrains, as well as efficient petrol and diesel engines. By 2025 PEUGEOT will offer an electrified variant across its entire model line-up.
Peugeot has confirmed that the new 308 will go on sale in Europe in the second half of 2021, with orders starting from October.