The UK government is offering a number of grants to encourage the adoption of electric vehicles.
The Plug in Vehicle Grant provides a subsidy of 35% of the cost of eligible electric cars up to a maximum of £4,500. This depends on the category the car falls in to, determined by its rated CO2 emissions and the fully electric range it is capable of - see below. There is also a grant of up to 20% of the cost of a van up to £8,000, and 20% of the cost of a motorcycle up to £1,500.
Category 1 - carbon dioxide emissions of less than 50g/km and a zero emission range of at least 70 miles.
Category 2 - carbon dioxide emissions of less than 50g/km and a zero emission range between 10 and 69 miles.
Category 3 - carbon dioxide emissions of 50-75g/km and a zero emission range of at least 20 miles.
Motorbikes - zero carbon dioxide emissions and a zero emission range of at least 31 miles.
Mopeds - zero carbon dioxide emissions and a zero emission range of at least 19 miles.
Vans - carbon dioxide emissions of less than 75g/km and a zero emission range of at least 10 miles.
Cars in category 2 attract a grant of £2,500.
The process for receiving the grant money is very straightforward, and will be handled by your dealership or the manufacturer, meaning the grant is always deducted before you pay for the car. Often the price of an electric car is quoted to take account for this deduction so it is worth checking the details if unsure.
Grant schemes are already in place for local authorities to install public charging equipment, with investment in these schemes generally on the rise, meaning we can expect to see a lot more infrastructure rolled out in the near term.
Subsidies are also available for the cost of installing charging equipment, and is split in to home or business use via the Homecharge Scheme and the Workplace Charging Scheme.
The homecharge scheme allows for a subsidy of 75% of the cost of installation up to a maximum of £500. Eligibility depends on proof of ownership, so the process of claiming the grant is dependent on buying or having a car on order.
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