In March, the UK government cut its electric vehicle grant for the fourth time in ten years. Specifically, it reduced the subsidy by $700 (£500) to $3,480 (£2,500), and capped price eligibility at $49,000 (£35,000) from $68,000 (£50,000). On Monday, during an interview with Autocar, Transport Decarbonization Minister Rachel Maclean defended the government’s decision and hinted that the “Plug-in Grant” might be disposed of altogether. Supporting the cut She explained that the reduced EV grant is now targeting “lower-priced vehicles” because “that’s where people are less likely to be able to fund the cost out of their own pocket entirely.” Well, that’s…
This story continues at The Next Web