Yes, the Government’s Plug-in Car Grant subsidises the purchase of qualifying electric cars worth 35% of the cost of the vehicle up to a maximum of £5,000. For vans, the Plug-in Van Grant subsidy is worth 20% of the cost of the vehicle up to a maximum of £8,000.
To be eligible under the latest Plug-in Car and Van Grant schemes, vehicles must be available as new and must satisfy a number of criteria including:
- Vehicles must emit less than 75 gCO2/km (on the official test);
- Electric vehicles must be able to travel a minimum of 70 miles between charges;
- Plug-in hybrid electric vehicles must have a minimum electric range of 10 miles;.
- Vehicles must be able to reach a speed of at least 60 mph (cars) or 50 mph (vans);
Both private and business vehicle buyers are eligible to receive the new grant, which is administered by the Office for Low Emission Vehicles (OLEV) (https://www.gov.uk/plug-in-car-van-grants/overview) – no applications forms are required as the dealership completes all the necessary paperwork on the buyer's behalf and the grant is automatically deducted from the vehicle price at the point of purchase.
Note that the current Plug-in Car and Van Grant scheme is only guaranteed for the first 50,000 eligible vehicles. With almost 30,000 claims already made, the current funding is forecast to end by the autumn of 2015. While further grants are expected, they are likely to only be available at the current level for the lowest emitting ULEVs.