The Government has announced important changes to the Plug-in Car Grant that apply from today, Thursday 12 March 2020.
The changes to the grant mean that from today:
- The Plug-in Car Grant rate will change from £3,500 to £3,000
- Cars costing £50,000 or more will no longer be eligible to receive the Plug-in Car Grant
This means that an additional £403m will be spent over the next three years for the Plug-in Car Grant.
The Plug-In Car Grant will be paid at new rates from today Thursday 12 March 2020. The Government said vehicles priced at £50,000 or more may appear to still be eligible for a grant on the portal but any order for non-eligible vehicles placed after 23:59 on Wednesday 11 March 2020 will be cancelled.
The Government will also continue to provide grants to support the purchase of zero emission vans, taxis and motorbikes at the same rate as before.
Despite our ongoing communications with the Government, NFDA is disappointed by the short notice provided to businesses in this instance. We will continue to liaise with the relevant Government departments to ensure our franchised dealer members’ views are fairly represented.
For more details, please visit: https://www.gov.uk/government/news/plug-in-vehicle-grants-update-following-todays-budget
If you have been affected by the sudden changes to the plug-in grant and have any feedback for us, which can be used in our please email fred.hicks@rmif.co.uk
