MG is stepping up to ‘plug’ the gap left on the Plug-in Car Grant (PiCG) after the Government slashed funding by £500 in the Budget.
Just hours after the Treasury announced in the Budget that both the car and van grants would be continued, a clarification note issued by the Department for Transport and Office for Low Emission Vehicles revealed that the grant funding for cars had been cut with immediate effect to £3,000 compared to the previous level of £3,500 – effectively raising the cost of electric vehicles for drivers and fleet. Meanwhile, cars costing £50,000 or more will no longer be eligible for the funding either.
Since then, MG Motor UK has announced that it will top-up the grant back to £3,500 for the remainder of March 2020, ensuring customers can still purchase a brand-new MG ZS EV from £22,495 when coupled with the PiCG and MG Customer Saving.
Daniel Gregorious, head of sales & marketing at MG, said: “With the Government’s announcement that the Plug-in Car Grant is reduced from £3,500 to £3,000 from today, we wanted to be able to help our customers to switch to zero-emissions electric MGs without spending more money. We’re delighted to be able to top-up the grant back to £3,500 for the remainder of March.
“Since the launch of ZS EV in summer last year, our dealerships have been inundated by customers eager to get their hands on the first truly affordable, family-friendly electric car. With this top-up, we’ve maintained the exceptional value-for-money proposition that people expect from MG.”