Electric Vehicles: Finance

(asked on 9th May 2024) - View Source

Question to the Department for Transport:

To ask His Majesty's Government what steps they are taking to introduce additional incentives encouraging electric vehicle adoption among consumers.


Answered by
Lord Davies of Gower Portrait
Lord Davies of Gower
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 23rd May 2024

Government grants have been in place for over a decade to help reduce the up-front purchase price of electric vehicles, with over £1.8 billion in grant funding provided since 2011. Grants remain available for vans, trucks, wheelchair accessible vehicles and taxis. Favourable tax benefits also remain in place to support the transition to EVs.

As stated in the Plan for Drivers, the Government will also continue to support the uptake of zero emission vehicles, by addressing common misconceptions and showing how they can be a practical option for most drivers.

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