UK Government Grants for New Electric Cars Slashed by 40 Percent

UK Government Grants for New Electric Cars Slashed by 40 Percent
Computer science professor's electric car is plugged in in her garage in Irvine, Calif., on Jan. 26, 2015. Lucy Nicholson/Reuters
Updated:

Grants for new electric cars have been slashed by 40 percent to “enable taxpayers’ money to go further” the Department for Transport (DfT) has announced.

The maximum amount of cash motorists can claim towards the cost of a plug-in car has been cut from £2,500 ($3,300) to £1,500 ($1,980).