OLEV Extend the £5000 Grant for EVs Until February 2016

OLEV Extend the £5000 Grant for EVs Until February 2016

On 26 August 2015 the government announced that it would continue to provide current levels of support under the plug-in car grant cap until at least February 2016.

The announcement confirmed that the plug in car grant will continue at £5,000 for all categories of qualifying ultra low emission vehicle until at least February 2016. This guarantees the current levels of support beyond the milestone of 50,000 grants being awarded, which had previously been identified as a point when grant levels could change. We expect the 50,000 grant threshold to be reached in November 2015.

Further details on the levels of support to be offered under the plug-in car grant after February will be announced shortly after the autumn spending review, which is expected to be published in November 2015.

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