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Last week, the Government announced an immediate change to the rates and eligibility criteria for the Plug-in Car Grant, the Plug-in Van Grant and the Plug-in Truck Grant. These include: • The Plug-in Car Grant has been cut from £3,000 to £2,500 and now excludes models that cost more than £35,000. • The Plug-in Van Grant has been cut to a maximum of £3,000 for small vans and £6,000 for large vans (2.5t-3.5t GVW). • The Plug-in Truck Grant, which had provided funding of up to £20,000, has been cut to £16,000 for trucks up to 12.5t GVW, and increased to £25,000 for trucks over 12.5t. The Government has cited budgetary concerns as a reason for not providing advance notice, claiming that it would not have the finances to meet an upsurge in demand for the grants if an end date was known. It has also said that it wants to re-focus on affordable zero emission vehicles. Should you have any queries, please contact your account management team or email [email protected] Changes in Detail Plug-in Car Grant
Plug-in Van Grant (N1/Light Commercial Vehicles)
Plug-in Truck Grant (N2 and N3 Trucks)
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*March 2021 is included in the allocation for FY21-22 OZEV has provided more detail on what the £35,000 RRP price cap for the Plug-in Car Grant includes: • VAT, including VAT reclaimable by a business • vehicle manufacturer or dealer’s mandatory extras including delivery charges or administration fees • the battery cost (including where the battery is leased) • any non-standard option fitted by the manufacturer or dealer affecting the capacity of the battery, drive train configuration or maximum net power. It excludes: • any non-standard option fitted by the manufacturer or dealer which does not affect the capacity of the battery, drivetrain configuration or maximum net power. • modifications such as ‘police packs’, ambulance/fire engine modifications • modifications for disabled users • warranty/insurance and service packages etc • first registration fee and cost of first licence • discounts (including rebates). |
