Electric Car Grant looks to save EV car buyers thousands

  • Nick's Avatar
    Community Manager


    A few days ago the government announced the Electric Car Grant (ECG), which supports point of sale discounts at dealerships for those buying EVs priced up to £37K. Buyers look set to save between £1500 and £3750, depending on the vehicles banding, determined by the level of CO2 emmissions produced during production.

    Read more about the grant at this link and let us have your thoughts in the comments.
    Thanks,
    Nick


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  • 3 Replies

  • Rolebama's Avatar
    I, along with others I'm sure, can think of far better use for £4.5bn than this! I know we will have different opinions, but the first thing that comes to my mind is the NHS.
  • Drivingforfun's Avatar
    I'm not as against it as Rolebama, but I kind of think it's a waste because, like Rolebama said it's a huge amount of money, but not really significant from the point of view of a buyer. People who know an EV is right for them will welcome any discount, but to sway an unconvinced person I reckon closer to £10k is needed similar to other countries.
  • olduser's Avatar
    I am of the view the government should not be making any grants because it reduces the motor industries' motivation to get the price down.

    The strategy appears to have been to load EV's with unneeded accessories, presumably, they think this will make the car more attractive, and also they are cashing in on the green market, "if it's green we can charge more."

    As I see it, the electric motor and its reduction gear lend themselves to full automation, and have fewer components relative to an IC engine.
    The chassis and running gear have to carry more weight continuously, and of course the present batteries are expensive (though there are other batteries waiting for investment that should be lighter and cheaper) The electronics, whilst expensive to develop are cheap to produce and again can be automated.

    From the governments point of view, there is a need world wide to reduce green house emissions, some of which are short term projects some will take a much longer time scale.
    ICE cars have a relatively short life cycle whereas ships and power stations have a much longer life cycle, so pushing changing from ICE to EV gives a quick return.

    With EV's the governments dilemma is to balance keeping the changeover progressing and keeping employment in the car industry high but as pointed out by Drivingforfun the discount is not enough to send people rushing to the showrooms.
    On top of that, world markets are in chaos due to wars and the Trump effect, so people are not in the mood to splash the cash.

    Overall then, I would not subsidise, leave the fixed cut off date for ICE vehicles, and if help is felt to be necessary, put money into manufacturing alternative batteries and Hydrogen in the UK.
    Last edited by olduser; 25-07-25 at 13:19.