The UK's plug-in vehicle grant has been extended until at least the end of March 2018, but the total value of the grant has fallen from £5000 to £4500.
The grant was previously extended to February next year, but the latest extension is aimed to boost the uptake of hybrid and electric vehicles for the coming years. Announcing the plan, Transport Minister Andrew Jones said the extension wuld mean more than 100,000 extra people would gain access to the grant.
"We are determined to keep Britain at the forefront of the technology," said Jones "increasing our support for plug-in vehicles to £600 million over the next 5 years to cut emissions, create jobs and support our cutting-edge industries.”
From March 2016, the grant will be split into two categories. Cars with a zero-emissions range of over 70 miles, dubbed Category 1, can receive a grant of £4500. Cars with a shorter zero-emissions range, dubbed Category 2 and 3, will receive £2500. Most plug-in hybrids will fall into Category 2 and 3.
A price cap is also to be introduced, with Category 2 and 3 vehicles costing over £60,000 being ineligable for the grant.