Plug-in grant slashed and eligibility criteria changed | GKL: Vehicle Leasing

Plug-in grant slashed and eligibility criteria changed

December 15th, 2021

ev grant

Plug-in Car Grant

Grant rates changed from:
35% of purchase price, up to £2,500

To:
35% of purchase price, up to £1500

35% of purchase price, up to £2,500 for cars which are converted to wheelchair accessible (subject to limits set out below)

Eligibility criteria changed from:

Cars must cost less than £35,000. This is the recommended retail price (RRP) inclusive of VAT and delivery fees.

These vehicles have CO2 emission of less than 50g/km and can travel at least 112km (70 miles) without any emissions at all

To:

Cars must cost less than £32,000. This is the recommended retail price (RRP), inclusive of VAT and delivery fees (for full definition please see Plug in Car Grant Application Guidance)

Cars which are converted to wheelchair accessible must cost less than £35,000 (subject to limits set out below). This is the recommended retail price (RRP) inclusive of VAT, and delivery fees, and excludes conversion costs (for full definition please see Plug in Car Grant Application Guidance)

These vehicles have no tailpipe CO2 emissions and can travel at least 112km (70 miles)

There are a total of 250 wheelchair accessible vehicle grants available until 31 March 2022, and a further 1000 available between 1 April 2022 and 31 March 2023.

Plug-in Van Grant (N1/Light Commercial Vehicles)

Grant rates changed from:
35% of purchase price up to £3,000 for small vans < 2.5 tonnes gross vehicle weight (t GVW)
35% of purchase price up to £6,000 for large vans 2.5-3.5t GVW

To:
35% of purchase price up to £2,500 for small vans < 2.5 tonnes gross vehicle weight (t GVW)
35% of purchase price up to £5,000 for large vans 2.5-3.5t GVW

There are no changes to grant rates for vehicles over 3.5 tonnes.

New Plug in Van Grant Limits
To ensure that the Plug in Van Grant scheme is sustainable and to ensure fair distribution of grant across stakeholders we are introducing a new limit on the total number of grants available to each business, organisation or individual through the Plug in Van and Truck grants.
Each business, organisation or individual may receive up to 1000 grants each financial year (1 April to 31 March). Limits apply to end customers and not to lease companies. Orders placed on the portal before 07:00 on 15 December 2021 will not be counted towards this year’s limits.

Existing per customer and total limits on Plug in Truck Grant orders will continue to apply.

 

An up to date list of vehicles eligible for plug-in grants are available on the Gov.uk website here.

 

Read the press release here from the Department for Transport.