UK's plug-in car grant extended until 2018 – updated
Source : UK's plug-in car grant extended until 2018 – updated
The plug-in car grant has been extended until at least March 2018, although its total value has fallen to £4500
The UK’s plug-car vehicle grant has been extended until at least the end of March 2018, although the total value of the grant has fallen by £5000 to £4500.
The grant was previously extended to February next year, although the latest extension is actually aimed to boost the uptake of hybrid and also also also electric vehicles for the coming years. Announcing the plan, Transport Minister Andrew Jones said the extension wuld mean more than 100,000 extra people could gain access to the grant.
“We are determined to keep Britain at the forefront of the technology,” said Jones “increasing our support for plug-in vehicles to £0 million over the next 5 years to cut emissions, create jobs and also also also support our cutting-edge industries.”
by March 2016, the grant will be split into two categories. Cars having a zero-emissions range of over 70 miles, dubbed Category 1, can receive a grant of £4500. Cars having a shorter zero-emissions range, dubbed Category 2 and also also also 3, will receive £2500. Most plug-in hybrids will fall into Category 2 and also also also 3.
A cost cap is actually also be introduced, with Category 2 and also also also 3 vehicles costing over £60,000 being ineligable for the grant.
The plug-in vehicles grant was first introduced in 2011 to enourage the uptake of ultra-low emission vehicles (ULEVs) in that will country. Around 50,000 people have taken advantage of the grant since its introduction, with the choice of available ULEVs inside UK growing 5 fold.
The government has also said the idea will continue to provide help to ULEV owners to help them install a charging point at home. by March 2016, owners can apply for a £500 grant to help cover the installation cost. The continued funding is actually part of plans to make almost all vehicles inside UK emissions free by 2050.
Car manufacturers have welcomed the alterations, with Nissan GB managing director Jim Wright saying: “Today’s decision by government has reaffirmed their commitment to the uptake of ultra-low emission vehicles.
“that will announcement, together with ongoing infrastructure developments, should see the growth and also also also wider deployment of that will technology continue.”
Renault has also said the idea supports the decision, while Mike Hawes, chief executive at the Society of Motor Manufacturers and also also also Traders (SMMT) said: “We welcome the continuation of the Plug-in Car Grant, which has helped Britain become the fastest-growing market for ultra-low emission vehicles in Europe.
“The recently agreed global climate change targets underscore the important contribution ultra-low emission vehicles make – and also also also will continue to make – to reducing carbon emissions. Manufacturers are offering increasing numbers of these vehicles – although a consistently applied incentive regime is actually still needed over the coming years to help consumers adopt these ground-breaking technologies.”
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