Sign in Subscribe
Electric vehicles

UK Government Boosts Electric Car Adoption with PS3,750 Discount Scheme

Strategic Insights

— 2 min read

The UK government's Electric Car Grant scheme has been expanded to include 28 models, with a maximum discount of PS3,750 available on the Ford Puma Gen-E and Ford e-Tourneo Courier. As part of the PS650 million government investment, the scheme aims to make owning an electric car cheaper and easier for consumers, with eligible models seeing up to an 80% increase in interest. Transport Secretary Heidi Alexander stated that the government is "putting money back in people's pockets and making it easier and cheaper for families to make the switch to electric." The scheme is driving growth across the sector, with recent Autotrader data showing the ECG is driving growth across the sector, with eligible car models seeing up to an 80% increase in interest.

Key Takeaways:

  • The UK government's Electric Car Grant scheme has been expanded to include 28 models, with a maximum discount of PS3,750 available on the Ford Puma Gen-E and Ford e-Tourneo Courier.
  • The government is investing PS650 million in the scheme to make owning an electric car cheaper and easier for consumers.
  • The scheme has driven growth across the sector, with recent Autotrader data showing the ECG is driving growth across the sector, with eligible car models seeing up to an 80% increase in interest.
  • The Transport Secretary, Heidi Alexander, stated that the government is "putting money back in people's pockets and making it easier and cheaper for families to make the switch to electric."
  • The scheme aims to boost economic growth and support jobs and skills, as part of the government's Plan for Change.
  • The government is investing over PS4.5 billion to turbocharge the switch to EVs for both industry and consumers.
  • More models are expected to be approved in the coming weeks as manufacturers' applications are assessed against the scheme's sustainability standards.

Statistics:

  • PS3,750: the maximum discount available on the Ford Puma Gen-E and Ford e-Tourneo Courier
  • 28: the number of models now eligible for the Electric Car Grant scheme
  • PS650 million: the government's investment in the scheme to make owning an electric car cheaper and easier for consumers
  • 80%: the increase in interest in eligible car models since the ECG was launched
  • PS4.5 billion: the total government investment to turbocharge the switch to EVs for both industry and consumers
  • 133,000: the number of jobs supported in the UK's automotive industry
  • 320,000: the number of jobs in the wider economy supported by the automotive industry
  • PS381 million: the government's investment in the Local EV Infrastructure (LEVI) Fund to support the development of public charging infrastructure
  • 83,000: the number of public charging devices currently available in the UK
  • 100,000: the number of additional public charging devices to be installed in the UK with government funding

Sources:

  • "London: UK Government has issued the following news release"
  • Autotrader data
  • Transport Secretary Heidi Alexander's statement
  • Edmund King, AA President
  • Ian Plummer, Commercial Director at Autotrader
  • Lisa Brankin, Ford UK Chair and Managing Director
  • Nicola Dobson, Managing Director at PEUGEOT UK
  • Jules Tilstone, Managing Director, DS Automobiles UK

Read more