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Green Light for Drivers: EV Sales Accelerate Thanks to Taxpayer Cash

by admin477351

The UK’s electric car market has been given a powerful green light, with sales accelerating to a new record in September, primarily thanks to a fresh injection of taxpayer cash. A renewed government grant scheme has successfully persuaded thousands of drivers to make the switch, affirming the potent role of financial incentives in shaping the future of British roads.

This policy has supercharged the market, causing a nearly one-third uplift in the sale of cars powered purely by batteries. The momentum was even stronger for plug-in hybrids—which feature both a battery and a petrol engine—as their sales leaped by an impressive 56%. This combined performance put electrified models in the driver’s seat, accounting for over half of all vehicles sold.

The subsidy, offering a discount of up to £3,750, was brought back this summer following arguments from the car industry that it needed help to meet strict new environmental sales targets. The September results show the policy is working as intended, directly boosting the number of zero and low-emission cars on the streets and helping manufacturers get closer to their goals.

However, this taxpayer-funded success story comes with some fine print. The grant is not universal, being restricted to more affordable models priced under £37,000. Furthermore, the overall car market, while improved, is still struggling to get back to the speed it was at before the pandemic, with many households still cautious about big spending.

The very popularity of the scheme has now raised a new question: how long can it last? The fund is limited to a set number of buyers, and with drivers racing to take advantage, there’s a growing chance the finish line for these discounts could appear sooner than anyone expected.

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