Government Grants for Electric Cars

Bright Ideas Energy are a leading provider of electrical vehicle charging solutions, and they look to provide helpful information to their clients about grants and funding.

From the 18th of March this year, the government will start providing grants of up to £2500 for low emission electric plug-in vehicles that are priced under £35000. Renewed in 2020, the plug-in vehicle scheme was granted £582 million worth of funding, which was intended to last until 2022 to 2023.

Entitled the Electric Vehicle Homecharge Scheme, the grant typically will support the cost of the charger, at up to 75% of the cost, capped at £35000, and this due to an increasing amount of electrical vehicles that are priced below 35k, and to limit the spend on uber-expensive EV’s so that they are more widely available and to help the scheme go further. Half the electrical vehicles on the market are currently available with the grant scheme, and this number is only increasing, plus the government has provided close to £1.3 billion in plug-in vehicle grant funding since 2011.

As Transport Minister Rachel Maclean said:

‘We want as many people as possible to be able to make the switch to electric vehicles as we look to reduce our carbon emissions, strive towards our net-zero ambitions and level up right across the UK.’

For more info on how Bright Ideas Energy may be able to help you, please get in touch with us via email at info@brightideasenergy.co.uk or by visiting our contact page here

Read our blog on the top 10 electric cars on the market right now