The huge increase in electric cars in 2017 has come about because of a greater level of choice for drivers, a shift in the public’s attitude towards electric cars and a constantly improving public recharging network. This means that UK electric car buyers have a greater selection of vehicles to choose from than ever before.
The future is bright too with a number of plug-in cars set to be launched within the next year or so and, with the UK government’s Plug-in Car Grant now guaranteed until 2018, an electric car is now a viable option for a large number of motorists.
There are a number of grants and loans available this year designed to help people and businesses make the switch to electric vehicles.
These are the eligibility requirements:
If these requirements are met, then the company would qualify for the loan. The application takes about 10 days to process.
Click here to view the BIK rates for electric vehicles.
1 – Low carbon transport business loan
2 – Domestic EV loan
3 – Business ChargePoint funding
4 – Home ChargePoint funding