Grants and Incentives

Grants and incentives available in the UK

 

The UK Government continues to subsidise and incentivise EV adoption. The government’s Office of Zero Emission Vehicles (OZEV) offers grants to support the wider use of electric and hybrid vehicles.

These grants cover:

Electric Vehicles

The grant covers 35% of the purchase price, up to a maximum of £1,500 for cars, and £500 for motorcycles. This will be given to the Dealer or Manufacturer and passed on to the Buyer as a discount. The Buyer does not need to do anything additional to avail the grant.

It is important to note that not all vehicles are eligible, so we encourage you to check first as this could help you decide which EV to purchase.  The recommended retail price cannot be higher than £32,000 for cars and £10,000 for motorcycles (inclusive of VAT and delivery fees).

Cars

Electric vehicles have zero tailpipe CO2 emissions and eligibility requirements are that cars can travel at least 112km (70 miles) without charging.

Low-emission vehicles eligible for a plug-in grant – GOV.UK (www.gov.uk)

 

Motorcycles
Eligible motorcycles have no CO2 emissions and can travel at least 50km (31 miles) without recharging. They include:

Charging

Provides a grant of up to 75% of the cost of installing EV smart charges in homes across the UK. This will be limited to homeowners who live in flats and people in rental accommodation from April 2022. A grant cap is set at £350 (including VAT) per installation. Here is a list of all the authorised installers.
Provides support for upfront costs of buying and installing charges for businesses. Government authorised installers and certain minimum technical specifications are outlined here

Provides funding for local authorities to provide charge points for plug-in EVs.

Please check Grant schemes for electric vehicle charging infrastructure – GOV.UK (www.gov.uk) for other vehicle types, and to keep up to date with changes to the above information.
CUSP Logo
Buying on CUSP
Selling on CUSP
Company
Copyright © 2023 CUSP. Designed & Developed by Idea Labz