Skip to main content

The Plug-in Car Grant (PiCG) has been axed!

Introduced in 2011, the Plug-in Car Grant aimed to increase mass adoption of EVs by offering a fairly significant contribution towards the total cost of the vehicle. But it wasn’t particularly popular at first. In 2011, less than 1,000 electric cars were sold.

Compare this to 2022, where nearly 100,000 EVs have been bought by eco-money-conscious motorists in the first 5 months of the year alone. They’ve become so popular that one-in-six of every car sold is fully electric.

But you don’t need to look to 2011 to track the rapid increase in demand. The amount of EVs registered in March of 2022 alone, surpassed the number registered in the entirety of 2019.

In December 2021, the grant reduced dramatically to only £1,500 for an EV with a list price of less than £32,000.

Our most affordable lease deals

SmartForFourHatchback

Smart ForFour 60kW EQ Premium 17kWh 5dr Auto [22kWch]

  • £2,257 Initial rental (inc. VAT)
  • 48 Month term
  • 5000 Annual mileage
  • Subject to status and conditions + arrangement fee
£251 Personal contract hire per month (inc. VAT)
  • £1,881 Initial rental (ex. VAT)
  • 48 Month term
  • 5000 Annual mileage
  • Subject to status and conditions + arrangement fee
£209 Business contract hire per month (ex. VAT)
Smart EQ ForFour
SmartFortwo-coupeCoupe

Smart Fortwo-coupe 60KW EQ Premium 17kWH 2dr Auto [22kWCh]

  • £2,268 Initial rental (inc. VAT)
  • 48 Month term
  • 5000 Annual mileage
  • Subject to status and conditions + arrangement fee
£252 Personal contract hire per month (inc. VAT)
  • £1,890 Initial rental (ex. VAT)
  • 48 Month term
  • 5000 Annual mileage
  • Subject to status and conditions + arrangement fee
£210 Business contract hire per month (ex. VAT)
DSDS-3 CrossbackSUV

DS DS-3 Crossback 100kW E-TENSE Bastille 50kWh 5dr Auto

  • £2,430 Initial rental (inc. VAT)
  • 36 Month term
  • 5000 Annual mileage
  • Subject to status and conditions + arrangement fee
£270 Personal contract hire per month (inc. VAT)
  • £2,025 Initial rental (ex. VAT)
  • 36 Month term
  • 5000 Annual mileage
  • Subject to status and conditions + arrangement fee
£225 Business contract hire per month (ex. VAT)
DS 3 Crossback E-Tense Louvre front
Special offer

The Government states it wants to refocus public funds into charging infrastructure and other vehicles where electrification is more challenging. This includes taxis, motorcycles, vans/trucks and wheelchair accessible vehicles.

Electric cars have become desirable and sought after and as prices slowly decrease, we’ll only see more of them on the roads. Supporting every mode of transport in electrification will keep parity with all motorists, allowing everybody to make the choice to go eco.

Through investment in charging infrastructure, the DfT states it wants to eradicate “range anxiety” and allow everybody to make a smooth transition to zero-emission transport.

However, with a cost of living crisis, purchasing an EV just simply isn’t affordable. Axing the PiCG will now make EVs out of reach for thousands of motorists, slowing the uptake that would have otherwise been seen.

With it now even more difficult to purchase an electric car, leasing remains the most affordable option to get behind the wheel of an EV.

We use cookies in order to give you the best possible experience on our website. By continuing to use this site, you agree to our use of cookies.

Privacy Policy