Electric Vehicle Subsidy Reduced

hitchglitch replied on 24/10/2018 15:52

Posted on 24/10/2018 15:52

The government recently announced that there would be a reduction in EV subsidy from £4500 to £3500 and a removal of the subsidy entirely for hybrids effective mid-November. So, I rushed out to arrange an i3 demo car with the probably intent of ordering a new one before the subsidy was cut. On Monday it was announced that the subsidies would now be changed midnight 21st October i.e. retrospecitvely.

I will probably still go ahead but the story is that there was a sudden increase in EV orders of around 600%.  Well, what a surpise!  You would think that the responsible Civil Servant might just have worked out what would happen and the effect on the budgeted cost.  I would never have got away with that in the Company I worked for.  Gross incompetence.

brue replied on 01/11/2018 08:45

Posted on 01/11/2018 07:39 by hitchglitch

Yes, not cheap. I believe it’s called SKIing (Spending the Kids Inheritance).

Posted on 01/11/2018 08:45

Enjoy it Hitchglitch, after the outlay the costs go down instead of up. smile

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