UK government further slashes subsidies on electrified vehicles
New grants exclude Tesla from EV subsidies
The UK government has updated the grant scheme for electric cars, vans, and trucks to target less expensive models according to a press release on 18 March. From 18 March 2021, the government will provide grants of up to USD3,486 (GBP2,500) for electric vehicles (EVs) on cars priced under USD49,505 (GBP35,000).
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
