KGM Torres EVX and Musso EV now eligible for UK government grants
By Eve
KGM Motors UK has confirmed that its Torres EVX SUV qualifies for the £1,500 Electric Car Grant, reducing its entry price from £35,495, while the Musso EV pickup is eligible for the £5,000 Plug-in Van Grant, bringing its price to £39,995 including VAT. The Torres EVX offers 287 miles of WLTP range from a 73.4kWh BYD lithium iron phosphate battery and can charge from 10% to 80% in around 28 minutes with a suitable rapid charger. Both grants are applied directly through retailers without separate applications.
Why it matters
Lower upfront costs through government grants may accelerate fleet adoption of these models, particularly the Musso EV for commercial operators. The Torres EVX's 28 minute rapid charging time and vehicle to load capability could influence depot charging infrastructure planning for mixed use fleets.
Source
- Original title
- “KGM Torres EVX and Musso EV Get Major UK Government Grant Support”
- Published
- 7 October 2026
- Also covered by
- electrive.com
In this story
- Topic
- Electric Vehicles
- Place
- United Kingdom
- Tag
- KGM
Related news
KGM Torres EVX qualifies for £1,500 UK Electric Car Grant, cutting price to £35,495
The all-electric KGM Torres EVX now benefits from the UK Government's £1,500 Electric Car Grant, reducing its starting price to £35,495. The South Korean SUV features a 73.4kWh BYD battery with 287 mile range and 130kW fast charging, achieving 10% to 80% charge in 28 minutes. KGM's Musso EV pick-up also qualifies for the £5,000 Plug-in Van Grant, bringing its price to £39,995 and making it the UK's most affordable electric pick-up compared to rivals priced from £57,845.
Why it matters
The grant eligibility makes KGM's EVs significantly more competitive in UK fleet and retail markets, potentially driving demand for charging infrastructure at dealerships and workplaces. The Musso EV's price advantage over established pick-up rivals could accelerate commercial fleet electrification and associated depot charging requirements.
Brazilian battery swap firm Vammo reaches 10 million swaps and EBITDA profitability
Vammo, a São Paulo based electric motorcycle and battery swapping company, has surpassed 10 million battery swaps since launching in 2022, up from 1 million swaps in early 2024. The firm now operates around 1,000 swapping points serving more than 10,000 active riders and has achieved EBITDA profitability. Vammo is expanding to Campinas as its second city, with plans to focus on São Paulo state before broader Latin American rollout.
Why it matters
The profitability milestone and rapid swap volume growth demonstrate a viable commercial model for battery swapping infrastructure in high density two wheeler markets, where São Paulo state alone sees over 500,000 motorcycle sales annually. Vammo's expansion plans signal potential procurement opportunities for swapping hardware and energy management systems across Latin America's urban delivery and mobility sectors.
Lepas L8 Elevate plug-in hybrid SUV launches in UK at £34,900 with 10% BiK rate
Lepas, the premium brand from Chery (parent of Omoda and Jaecoo), has launched its first UK model, the L8 Elevate plug-in hybrid SUV. The mid-size family SUV is priced from £34,900 for the Essence trim to £37,900 for the top-spec Elevate, attracting a 10% Benefit-in-Kind rate for the 2026/27 tax year. Reviewer Ian Campbell praised the cabin quality, leather seats and premium detailing, noting that 20% taxpayers face around £63 monthly BiK and 40% taxpayers roughly £126, delivering meaningful savings over petrol equivalents in the 30% plus BiK bracket.
Why it matters
The competitive pricing and low BiK rate position the L8 as an attractive fleet option for organisations seeking cost-effective plug-in hybrid SUVs, while the new brand entry adds another contender in the mid-size PHEV segment that may influence procurement shortlists and residual value benchmarks for charging infrastructure planners.