Summary
The UK government is starting a scheme to make electric vehicles cheaper by offering discounts up to £3,750 on new cars that cost up to £37,000. These grants aim to encourage people to switch from petrol and diesel cars, and carmakers can apply for this funding starting soon. The initiative is part of a larger government plan to ban new petrol and diesel cars by 2030, but there are concerns about the current lack of charging points.
Key Facts
- The UK government is offering up to £3,750 discounts on new electric cars.
- Discounts apply to cars costing up to £37,000, with bigger cuts for eco-friendly models.
- About 1.3 million electric cars are on UK roads, but there are only around 82,000 public charging points.
- The government has budgeted £650 million for these discounts, running for three years.
- The UK plans to ban the sale of new petrol and diesel cars by 2030.
- Some people find the cost of upgrading home electricity connections for charging too expensive.
- A new £63 million investment will help build more EV charging points in the UK.
- The grants make electric cars cheaper than before, with added tax benefits for drivers using company car schemes.
