LEGISLATION &

GRANTS

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LEGISLATION GRANTS

Ever since the first plug-in hybrid (PHEVs) and electric vehicles (EVs) hit the market, there have been numerous concerns about the cost of purchasing one. However, there are several Government grants available, along with the accompanying legislation.

We wanted to highlight some of the key grants and legislation that impact electric EVs and PHEVs, so that you are able to choose the right make and model based on your business needs.

GOVERNMENT VEHICLE GRANTS

EVs and PHEVs have been split into individual categories, based on the CO2 emissions that each vehicle produces. The category that your vehicles fall into will have an impact on the grant that you are able to receive.

Cars

CARS

Category 1 (NOW CARS) grant rate has moved to £3,000 – These vehicles have CO2 emissions of less than 50g/km and can travel at least 112km (70 miles) without any CO2 emissions at all.

Cars must cost less than £50,000 to be eligible for the grant.

The grant will pay for 35% of the purchase price for these vehicles, up to a maximum of £3,000.

Vans

Vans

As it currently stands, the Government grant will pay for 20% (up to a maximum of £8,000) of the purchase price of your commercial van, as long as it has CO2 emissions under 75g/km and can travel at least 10 miles, without any CO2 emissions at all.

You are able to read the full list of vehicles using the Government guidelines here.

WORKPLACE & HOME CHARGING SCHEME

Workplace Charging Scheme (WCS)

The WCS is a voucher-based option that gives businesses the opportunity to have some of the initial purchase and installation costs covered for vehicle charging points.

You would have to fill in an application form to apply for the vouchers, and once finalised, you can upload it to the Government’s online system direct.

You can find out more about the Workplace Charging Scheme, along with available grants, on the Government website here.

HomeCharge Scheme

Eligibility information for customers wishing to participate in the Electric Vehicle Homecharge Scheme (EVHS) from January 2019 is available via this link

Find out which vehicles are now eligible for the Office of Low Emission Vehicles (OLEV) Electric Vehicle Homecharge Scheme (EVHS) whereby EV customers can get up to £500 (including VAT) towards the cost of installing a charger at home.

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