UK government axes plug-in car grant with immediate effect after more than a decade
, and the maximum cost of eligible vehicles was reduced from £35,000-£32,000 - leaving only the most affordable EVs on the market eligible for the PiCG. The government says the number of EVs available below this price point now stands at 24, up from 15 last year, as manufacturers usher in cheaper entry-level EVs.
The government said:"The government has always been clear the plug-in car grant was temporary and previously confirmed funding until 2022-23. Successive reductions in the size of the grant, and the number of models it covers, have had little effect on rapidly accelerating sales or on the continuously growing range of models being manufactured.
Due to this, the government is now refocusing funding towards the main barriers to the EV transition, including public charging and supporting the purchase of other road vehicles where the switch to electric requires further development." In place of the PiCG, the government has pledged £300 million towards providing incentives on plug-in taxis, motorcycles, vans, trucks and wheelchair-accessible vehicles.
It also says the"shift in focus" will allow for heightened investment in the UK's EV charging infrastructure, but has not detailed any plans to add to the £1.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Report: Jaguar Land Rover linked with UK battery factory plans | AutocarJaguar Land Rover has reportedly earmarked two UK sites for a new EV battery factory, and one of them is a location previously linked with Tesla
Leer más »
Breakingviews - UK lacks fiscal plan to buffer coming slowdownTalk about bad timing. The British economy shrunk for the second consecutive month in April, the Office for National Statistics revealed on Monday, just a few days before the Bank of England is expected to again raise interest rates and outline future hikes in its battle against inflation . The gloomy economic news again raises the question whether Prime Minister Boris Johnson’s government is doing what is necessary to cushion the public from the upcoming hit.
Leer más »
Smurfit Kappa says UK paper mill unaffected by fireSmurfit Kappa said its paper mill in central England was unaffected by a large fire that spread from an adjacent premises and that it did not expect any material impact on production.
Leer más »
Smurfit Kappa resumes some operations at UK plant hit by fireSmurfit Kappa has resumed some operations at a packaging plant in central England after a large fire ripped through the facility overnight, the local fire service said on Monday.
Leer más »