CAR manufacturers have adjusted pricing of several fully electric models in response to changes in the government Plug-in Car Grant (PiCG), which were announced as part of the most recent Budget.
Previously, buyers of zero-emissions cars with a list price of up to £50,000 were eligible for a £3,000 grant. This is applied for by the supplying dealer and so effectively reduces the car’s on-the-road price.
Now the threshold for eligibility has been reduced to £35,000 and the maximum amount of each grant cut to £2,500. Some electric models, such as the Ford Mustang Mach-E (from £41,330), Polestar 2 (from £39,900) and Tesla Model 3 (from £40,990) are now completely ineligible but in other cases, only more expensive trim levels have increased in price. Manufacturers also made price and trim-level…
