Electric Car Grants & Discounts

The Electric car grant is part of the UK Governments ‘Plan for Change’ whch aims to help households save money and accelerate the switch to greener/zero-emission cars. The UK car buyers can claim the discount of up to £3,750 on new electric vehicles below £37,000.

With the £650m allocated in the budget, the grant could potencially subsidise around 173,000 electric cars at the full £3,750 discount which roughly half the number of EVs purchased in the UK last year in 2024. The Electric Car Grant (ECG) will run until the 2028/29 financial year, helping thousands of drivers get behind the wheel of cheaper electric cars and help to reduce the emissions across the UK.

There are two levels of support that the Governement is going to provide. The greenest models qualify for the full £3,750 discount, while cars that don’t quite meet the highest eco-standards still get £1,500 off.

Some manufactures have already started to discount their cars before annoucement of the grant. instead of waiting around for a decision, brands such as Great Wall Motors and MG have gone ahead and launched their own discounts that match the grant. MG has annouced up to £1,500 off selected models across their range such as the MG S5 and the MG4.

The cars that will be eligible for the car grant are from brands committed to a Science-Based Target (SBT) for cutting emissions and that have demonstrated real progress in cutting emssions on their vehicle – only they will qualify. Nearly 50 new electric car models are expected to meet these sustainability criteria and some of them have already met the criteria from brands like Citroen, Hyundai, Nissan, and many more.

There are two levels of support that the Governement is going to provide. The greenest models qualify for the full £3,750 discount, while cars that don’t quite meet the highest eco-standards still get £1,500 off.

The grant is not only being given to cars with a recommended retail price (RRP) of £37,000 or less. If the cheapest version of a model costs less than £37,000 and qualifies for the grant, all the pricier trim levels above it will also get the grant as long as they have the same size battery.

For many drivers in the UK and the world, people say the upfront cost of electric cars is a major barrier. This grant is designed to close that gap between EV’s and Petrol vehicles, making EVs more affordable from the get-go.

Electric cars can save you up to £1,500 a year on fuel and running costs compared to petrol cars on top of the UK Grant. Combined with lower taxes and ongoing savings, switching to an EV is becoming an increasingly smart choice for families looking to save money.

Charging your EV in the UK is getting easier and easier with over 82,000 public points across the country – and a new one popping up on average every 30 minutes which is at a shocking rate. So whether you’re at home, work, or on a longer trip, charging your car is getting easier.

If you’ve already ordered a car that’s now included in the grant scheme, you’re probably wondering what this means for you and if you are eligible for the EV grant. At the moment, there’s no official guidance from the government, and each approved manufacturer may handle things a little differently.

If you are unsure, you can speak to one our team and we will be able to advise you further.

Due to the qualification criteria, such as vehicles and brands having to have Science Based Targets Initiative (SBTi) certified Carbon reduction policies in place, some manufacturers (such as Kia, Hyundai, MG and others) cannot currently qualify for the grants. Therefore, these manufacturers have responded by offering their own discounts to ensure that their customers aren’t losing out.