UK's plug-in car grant extended until 2018
Source : UK's plug-in car grant extended until 2018
The plug-in car grant has been extended until at last March 2018, yet 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, yet the total value of the grant has fallen via £5000 to £4500.
The grant was previously extended to February next year, yet the latest extension is usually aimed to boost the uptake of hybrid as well as 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 might 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 as well as also support our cutting-edge industries.”
via March 2016, the grant will be split into two categories. Cars using a zero-emissions range of over 70 miles, dubbed Category 1, can receive a grant of £4500. Cars using a shorter zero-emissions range, dubbed Category 2 as well as also 3, will receive £2500. Most plug-in hybrids will fall into Category 2 as well as also 3.
A cost cap is usually also be introduced, with Category 2 as well as 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 This kind of country. Around 50,000 people have taken advantage of the grant since its introduction, with the choice of available ULEVs from the UK growing several fold.
The government has also said the item will continue to provide help to ULEV owners to help them install a charging point at home. via March 2016, owners can apply for a £500 grant to help cover the installation cost. The continued funding is usually part of plans to make almost all vehicles from the UK emissions free by 2050.
Car manufacturers have welcomed the adjustments, 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.
“This kind of announcement, together with ongoing infrastructure developments, should see the growth as well as also wider deployment of This kind of technology continue.”
Renault has also said the item supports the decision.
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