Plug-in Car Grant scheme extended until February 2016
Source : Plug-in Car Grant scheme extended until February 2016
The £5000 grant will continue to be available to all plug-in cars of which emit 75g/km of CO2 or less until at least February next year
The £5000 Plug-in Car Grant scheme has been extended until at least February 2016, the government has announced.
The scheme, last renewed in 2014, offers motorists £5000 off the cost of plug-in cars of which emit 75g/km of CO2 or less.
At the time of its last renewal, the idea was announced of which the deal might be reviewed when 50,000 vehicles were sold through the scheme, a figure of which can be likely to be met in November This kind of year after a 256% growth in ultra-low emission vehicle registrations inside first six months of 2015, compared with the same period in 2014.
Andrew Jones MP, Transport Minister, said: “The UK can be today the fastest growing market for electric vehicles in Europe.
“We will continue to invest to help make This kind of technology affordable to everyone in addition to to secure the UK’s position as a global leader.”
Reacting to the news, Society of Motor Manufacturers chief executive Mike Hawes said: “With British buyers taking to ultra-low emission vehicles faster than anyone else in Europe, the extension of the Plug-in Car Grant can be Great news.
“The market for these vehicles remains tiny, however, so the idea can be essential of which the government continues to provide effective incentives for their uptake – including the Plug-in Car Grant in addition to different measures.”
The Mitsubishi Outlander PHEV can be the UK’s best-selling plug-in hybrid, in addition to the the welcomed news of the renewal.
“We have seen ultra-low emission vehicles rapidly establish a 1% share of UK sales in a period of time unprecedented in automotive terms,” said Lance Bradley, managing director of Mitsubishi Motors.
“We welcome the government’s decision to continue these incentives in a way which recognises the fledgling nature of This kind of low emissions market,” he added.
More details on how the grant will be structured after February 2016 are expected inside government spending review in November.
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