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.