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Government’s updated EV grants – what happens now?

Government’s updated EV grants – what happens now?

Legislation
Thursday, 18 March, 2021

Early this morning, the Government updated its grant scheme for electric cars, vans and trucks to target less expensive models and make a greater range of affordable vehicles available. It aims to make the scheme’s funding go further and help more people switch to an electric vehicle (EV).

 

What has changed?

From today (18 March 2021), the Government confirmed that it will provide grants of up to £2,500 for electric vehicles on cars priced under £35,000.

 

What does this mean for Arval customers?

This change does have immediate implications for our customers and while we update our systems, we are temporarily suspending quoting on electric vehicles.

Any previous quotes on electric vehicles are now no longer valid and will need to be requoted. Rate books will also be updated.

 

What does this mean if an electric vehicle order has been placed?

Until 11:59pm (23:59) on 17 March, if an order has been confirmed it will be eligible for the Government grant prior to the update being made.   

 

How long will electric vehicle orders be suspended?

We are working as quickly as possible and don’t expect systems will take long to update. We will be in touch when our electric vehicle quotations are available again.

We would like to thank you for your patience and understanding and will be available to discuss any specific queries you may have.

Contact us

For more information, please contact Sarah McArthur, Brand and Communications Manager