More manufacturers are offering grant subsidies for BEV purchases ahead of the upcoming UK electric vehicle grant. Last week Leapmotor announced cuts of around 10% to its all-electric car prices in the UK car market, ahead of the UK government’s BEV grant scheme.
GWM (Great Wall) UK said it is matching the UK government EV grant with its own £3,750 ‘Green Grant’ for retail customers. The UK government’s grant scheme is yet to be implemented and there is some uncertainty over which vehicles will qualify and precise grant sums.
Go deeper with GlobalData
Available across the entire GWM ORA 03 range, the manufacturer’s grant brings the entry-level ORA 03 PURE to just £21,245 OTR.
SAIC-owned MG Motor UK has also announced that with immediate effect, the company will offer all private buyers of the MG4 EV and the MGS5 EV a grant of £1,500.
The MG grant will be over and above any incentives currently offered by MG’s 155 UK dealer partners. Guy Pigounakis, Commercial Director for MG Motor UK, said: “We will seek to work constructively with the [UK] government to further increase the sale of EVs.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
