Renault respond to OLEV funding announcement

  1. Renault welcomes decision to introduce banding to Plug-in Car Grant
  2. Renault ZOE now up to £552 cheaper from 1 April 2015
  3. Renault EV sales in the UK rose 90 per cent in 2014

Renault welcomes the changes to the Plug-in Car Grant announced today by the Government’s Office for Low Emission Vehicles (OLEV).

The Plug-in Car Grant (PiCG) changes that will take effect from 1 April 2015 recognise the technological and environmental progress that vehicles have made since the original grant was announced in 2010 and provide further financial incentive for motorists to move to Ultra Low Emissions Vehicles such as the Renault Z.E. (Zero Emissions) range.

Commenting on the announcement, Ken Ramirez, Managing Director, Renault UK said:

“We welcome the changes announced today by OLEV as the move to a banding system for grant funding recognises the real-world practicality and zero tailpipe emission advantages that electric vehicles have over other types of alternative fuel vehicles.

“The Renault ZOE hatchback was already the most affordable electric vehicle on the market. The move to the 35 per cent funding for cars in the lowest emitting band will make ZOE even more affordable and encourage yet more motorists to move to zero tailpipe emission vehicles.”

The changes to the PiCG from 1 April 2015 mean that a Renault ZOE will reduce in price by £552 on the Expression trim level and by £152 on the Dynamique trim levels due to the move from a 25 per cent of vehicle value cap on the grant to a 35 per cent cap for vehicles in the new Band One (up to 75g/km and a range of 70 miles or above).

The Renault ZOE is a 5-door hatchback that has been designed from the ground-up to offer all the advantages of a practical supermini, including a 5-star Euro NCAP safety rating, with the environmental and running cost savings of a pure electric vehicle.

ZOE has an official NEDC range of 130 miles from one charge. Thanks to its patented Chameleon™ charger, and unlike its rivals, it is able to adapt itself and make the optimum use of any charging power source and therefore charge from empty to 80 per cent capacity in just 30 minutes – be that at home with the free charging wallbox that comes with the car when new or from a wide range of public sources.

Renault was a pioneer in the emerging electric vehicle market and offers a range of 100% electric cars and vans to suit most requirements. The ZOE supermini sits alongside the fun and distinctive Twizy urban run-around. Twizy is also available in a commercial vehicle version with a boot instead of a rear passenger seat – Twizy Cargo. Completing the Renault Z.E line-up is the Kangoo Van Z.E. – the perfect urban van for deliveries and tradesmen and is available in a range of bodystyles.

The Twizy is priced from £6,895, the ZOE from £13,995 (after the PiCG) and the Kangoo Van Z.E. from £12,995+VAT (after the Plug-in Van Grant).

Renault electric vehicle sales in the United Kingdom rose by 90 per cent in 2014, to 1,286 vehicles. Total Renault electric vehicle sales in Europe in 2014 stood at 17,580 vehicles – 11,231 of which were ZOEs, an amount up 27 per cent on 2013.

Source: Automotive World

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