BUSINESS motorists hoping to take advantage of the existing Plug-in Car Grant for Plug-in Hybrid Electric Vehicles (PHEV) will be disappointed.
All transitioned PHEV grants that were put aside before the grant is phased out have now been taken up.
The change to the Plug-in Car Grant was announced at the beginning of October, with an implementation date of November 09, 2018.
The new Plug-in Car Grant cut cars that were eligible in the following categories:
- category 2 – CO₂ emissions of less than 50g/km and a zero emission range between 10 and 69 miles
- category 3 – CO₂ emissions of 50 to 75g/km and a zero emission range of at least 20 miles
Effectively this covered all PHEV models.
The Office for Low Emission Vehicles (OLEV) said:
“We expected an increase in orders during the transition period, as customers brought forward their purchases to take advantage of the higher grant rates. We therefore put limits on the number of orders that could be claimed at the new grant rates during the transition period.”
OLEV said the grant uptake levels had been significant and the limits it had set for the transition period were met by the afternoon of Friday, October 19, 2018.
Higher EV Plug-in Car Grant rate has also finished
However, it’s not just PHEV models that have been affected by the uptake of orders in the transition period.
The £4500 grant for qualifying electric vehicles with zero emissions has also been exhausted due to demand during the transition period.
It means that anyone wanting an electric vehicle will now only receive a £3500 grant towards the vehicle.