OLEV plug-in car and charging grant revisions April 2015

The government has pledged to continue its support of plug-in vehicles and their integration into the mainstream. This means that grant schemes in place such as the plug-in car grant and the EV Homecharge scheme will continue to run.

Importantly, the guidelines for these grants are being revised by the government, so there are some differences.

Plug-in car and van grant

From 1st April 2015, buyers of eligible electric cars will be able to claim 35% of the vehicle’s OTR price as opposed to the 25% currently offered. The grant cap of £5,000 remains, however.

To take account of rapidly developing technology, and the growing range of ULEVs on the market, the criteria for the Plug-in Car Grant is also being updated.

From April 2015, eligible ULEVs must meet criteria in one of the following categories depending on emission levels and zero-emission-capable mileage:

  • Category 1: CO2 emissions of <50g/km and a zero emission range of at least 70 miles;
  • Category 2: CO2 emissions of <50g/km and a zero emission range between 10 and 69 miles;
  • Category 3: CO2 emissions of 50-75g/km and a zero emission range of at least 20 miles.

EV Homecharge Scheme

The cap on the Homecharge scheme will be reduced on 13th April to £700. Eligible applicants will be able to get a grant to cover 75% (capped at £700) of the installation costs for a domestic charging point.

So far, the UK government has attributed almost £1 billion of funding to plug-in vehicles up to 2020, cementing their support for the uptake of electric vehicles into the mainstream.

Source: Zap Map

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