There are loads of money saving aspects to EV ownership!

• Electricity is cheaper than petrol/diesel
• EVs have fewer moving parts than ICE equivalents, for example: brake wear is minimal (due to regenerative braking) and EVs also require less consumables such as engine oil replacement
• Using a smart charger will reduce your home charge costs
• Company car tax or “Benefit In Kind” (BIK) is less for EVs
• Currently zero Road fund License cost (Road tax)

Grants are available to reduce the initial purchase cost of eligible plug-in vehicles and the cost and installation of charging points. The plug-in vehicle grant is automatically deducted from the retail price and currently provides up to:

• A maximum of £2,500 provided the car has CO2 emissions of less than 50g/km and can travel at least 112km (70 miles) without any emissions at all.
• 20% of the cost of a van, up to a maximum of £8,000.
• 20% of the cost of a motorcycle, up to a maximum of £1,500.