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Charging ahead: will the UK’s new electric vehicle grant work for you?

Industry experts hope the new subsidy will boost Britain’s EV market – but not all models will be eligibleIs it time to go electric? The UK car industry certainly thinks so and is readying for a surge in demand as a new subsidy scheme cuts the price of some electric cars by up to £3,750.With purchase prices – not to mention range anxiety – contributing to weak consumer uptake, the government grants are designed to bring the upfront cost closer to a petrol car. Making them cheaper will also give “thousands more drivers access to savings of up to £1,500 ...

Used car market booms on driver reluctance to cough-up for expensive new models and EVs

Britons are buying more second-hand cars than they have done for five years as drivers' reluctance to cough-up for increasingly expensive new models - and EVs - sees appetite for used motors surge.

Sunday, 10 August 2025

Financial Times

The Guardian

  • Charging ahead: will the UK’s new electric vehicle grant work for you?Industry experts hope the new subsidy will boost Britain’s EV market – but not all models will be eligibleIs it time to go electric? The UK car industry certainly thinks so and is readying for a surge in demand as a new subsidy scheme cuts the price of some electric cars by up to £3,750.With purchase prices – not to mention range anxiety – contributing to weak consumer uptake, the government grants are designed to bring the upfront cost closer to a petrol car. Making them cheaper will also give “thousands more drivers access to savings of up to £1,500 ...

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