Electric car subsidy
Government offers £5000 subsidy on all electric vehicles
Want a guaranteed £5,000 towards your next car?
That’s the deal being offered by the Government from 1 January if you buy an all-electric or very low emission vehicle.
Under the scheme – announced by the Labour Government but rubber-stamped by the Coalition – drivers taking the plunge on the latest generation of battery-powered cars get a 25 per cent discount off the price, up to the value of £5,000.
There’s a strict list of only nine models that currently qualify, but which includes the three electric vehicles that go on sale in January – the Peugeot iOn, Mitsubishi i-MiEV and Citroen C-Zero. The subsidy also stretches to the forthcoming plug-in version of the Toyota Prius and the Vauxhall Ampera. Both of these models are due to arrive in showrooms in 2012.
