Plug in Grant

The government wants to achieve net zero emissions by 2050. It also plans to bring forward a ban on the sale of new petrol and diesel vehicles to 2035 and support the uptake of battery electric vehicles. The Plug-in Grant is a crucial component in the affordability of BEVs. The Plug-in Grant directly impacts the lease cost of a vehicle for both an individual or a company.

 

What is the Plug-in Grant

You can get a discount on the price of brand new low-emission vehicles through a grant from the government.

You do not need to do anything if you want to buy a vehicle the value of the grant will be included in the vehicle’s price.

How much is the Plug-in Grant?

The amount of the grant depends on which category the vehicle is in. The six categories are:

  • Cars - the grant will pay for 35% of the purchase price for these vehicles, up to a maximum of £3,500
  • Motorcycles - the grant will pay for 20% of the purchase price for these vehicles, up to a maximum of £1,500
  • Mopeds - the grant will pay for 20% of the purchase price for these vehicles, up to a maximum of £1,500
  • Vans - the grant will pay for 20% of the purchase price for these vehicles, up to a maximum of £8,000
  • Taxis - the grant will pay for 20% of the purchase price for these vehicles, up to a maximum of £7,500
  • Large vans and trucks - for the first 200 orders the grant will pay for 20% of the purchase price for these vehicles, up to a maximum of £20,000. The number of these higher grants that each customer can claim is a maximum of 10. After the first 200 the grant will then pay for 20% of the purchase price for these vehicles, up to a maximum of £8,000