Britain to End Rebate for Plug-in Hybrid Vehicles
Britain is modifying its Plug-In Car Grant program, eliminating the rebate for plug-in hybrid vehicles and reducing it for all-electric vehicles.
“The PICG has helped the plug-in hybrid market become more established, and the government will now focus its support on zero emission models like pure electric and hydrogen fuel cell cars,” the government claimed.
According to electrek.co, the PICG program falls into three categories, with the second two set to expire:
· Category 1 – CO₂ emissions of less than 50g/km and a zero emission range of at least 70 miles
· Category 2 – CO₂ emissions of less than 50g/km and a zero emission range between 10 and 69 miles
· Category 3 – CO₂ emissions of 50 to 75g/km and a zero emission range of at least 20 miles
Meanwhile, the incentive for all-electric vehicles has been slashed from £4,500 to £3,500 ($5,900-$4,600).
This comes just as the U.S. is phasing out its own EV rebate program – once an automaker reaches 200,000 rebates, the incentive is good for that quarter and the next, before vanishing completely. Tesla already reached its limit, and orders placed through October 15th will be eligible for the rebate.
The changes to the Plug-In Car Grant program will go into effect November 9th.
Read more about this here: https://electrek.co/2018/10/12/uk-plug-in-grant-ends-phev-incentive-reduces-all-electric-vehicle/
