You only have until Friday 9th November 2018 to take advantage of the current electric and plug-in hybrid grants. The Department for Transport (DfT) and the Office for Low Emission Vehicles (OLEV) is completely cutting the £2,500 grant for plug-in hybrid vehicles (PHEVs), and reducing the electric car (EV) grant from £4,500 to £3,500.
When the government revealed the cut to EV and PHEV grants, it stated that 3,000 and 6,000 respective grants were still available until the November deadline. However, OLEV has revealed that, as of today, they are just 1,306 EV subsidies available. Buyers are clearly taking the hybrid and electric car plunge while the grants are still in place – the number of PHEV and EV orders is up threefold compared to 2017.
That means you don’t have long to take advantage of the maximum savings on a Renault ZOE! It offers plenty of range – much more than most electric cars – and has the chic French style you’ll want to put on your driveway. If you’d like to see the buzz around the ZOE for yourself, or get the savings while they last, you should head down to our Kidlington showroom.
If you aren’t ready to buy one this month, don’t forget that the Renault scrappage scheme will still be running. Trade in your old car and you can save up to £5,000 on the ZOE – plus the £3,500 government grant.
News that the government is cutting electric car subsidies hasn’t gone down well in the industry. Mike Hawes, boss of the Society of Motor Manufacturers and Traders (SMMT), said, “Given the importance of environmental goals it’s astounding that, just three months after publishing its road to zero strategy, the government has reduced the incentive that gives consumers most encouragement to invest in ultra-low emission vehicles.”