In March, the UK government cut its electric vehicle grant for the fourth time in ten years. Specifically, it reduced the subsidy by $700 (£500) to $3,480 (£2,500), and capped price eligibility at $49,000 (£35,000) from $68,000 (£50,000). On Monday, during an interview with Autocar, Transport Decarbonization Minister Rachel Maclean defended the government’s decision and hinted that the “Plug-in Grant” might be disposed of altogether. Supporting the cut She explained that the reduced EV grant is now targeting “lower-priced vehicles” because “that’s where people are less likely to be able to fund the cost out of their own pocket entirely.” Well, that’s…
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