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Changes to the PICG plug-in BEV Electric car Grant from March 2020

Changes to the PICG plug-in BEV Electric car Grant from March 2020
11th March 2020
PK
Electric Car Grant Reduction - Official Notice from Gov.UK 11/03/2020


The government has announced today in the 2020 Budget (Wednesday 11 March) an additional £403m over the next three years for the Plug-in Car Grant. They have also announced changes to the Plug-in Car Grant that will apply after 23:59 today. 

The announcement is available here: https://www.gov.uk/government/news/plug-in-vehicle-grants-update-following-todays-budget

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Changes to the Plug-in Car Grant 

The changes to the grant will mean that after 23:59 today (11/03/20) 

• The Plug-in Car Grant rate will change from £3,500 to £3,000 

• Premium cars costing £50,000 or more will no longer be eligible to receive the Plug-in Car Grant. This will effect models such as the Audi E-Tron, Jaguar i-pace, Tesla Model 3, S and X.  

The Plug-in Car Grant will be paid at current rates and eligibility criteria for orders placed on the Portal by 23:59 today.