Overview
- Manufacturers can register models for the Electric Car Grant from July 16, unlocking point-of-sale discounts on new EVs priced at £37,000 or below under a £650 million fund.
- Vehicles meeting the highest sustainability standards qualify for up to £3,750 in grants, while second-tier models receive £1,500.
- Grants are distributed on a first-come, first-served basis through the 2028-29 financial year.
- The scheme underpins Labour’s plan to ban new petrol and diesel car sales by 2030 and aligns with the ZEV mandate that targets 28% EV sales this year and 100% by 2035.
- Industry groups expect discounted EVs to reach showrooms within weeks, leveraging more than 82,000 public charging points nationwide.