Our analysis showing that despite the reduction to the Plug-in Car Grant a large majority of EVs still qualify for the grant featured in PV Europe.
Although this is the case, there was clearly some concerns about the effect of the reduction, with the latest figures from the Society of Motor Manufacturers and Traders Ltd (SMMT) showing plug-in hybrid (PHEV) sales unusually higher than Battery Electric Vehicle (BEV) registrations in April.
Despite the March 2021 cut, the government stated that more than half of current EV models are still eligible for the grant, with manufacturers such as Peugeot, Kia, Hyundai, Vauxhall, Citroen, MG Motor, Nissan and BMW reducing prices to below the £35,000 threshold.
Katie Hickford
