Electric Car Grant supports 140,000 UK drivers in first year with £2 billion scheme
By Eve
The UK Government's Electric Car Grant has supported more than 140,000 drivers in its first year, offering up to £3,750 off the cost of a new electric vehicle through a £2 billion scheme. Demand remains strong, with March 2025 recording the highest EV sales volume on record and sales up 35% compared with June last year. The scheme now covers 58 eligible models, and recent Autotrader figures show electric cars are now cheaper to buy on average than petrol models for the first time.
Why it matters: The grant's success in driving 140,000 EV purchases signals sustained growth in the UK's electric vehicle market, which will increase demand for charging infrastructure from CPOs and local authorities. Lower upfront costs and rising EV adoption rates create a stronger business case for expanding public and workplace charging networks.