article thumbnail

UK chooses to axe electric vehicle grant programs as popularity skyrockets

Teslarati

Effective immediately, the United Kingdom has announced it will no longer supply EV grants for most consumer purchases. The grant system, launched in 2011 as part of a system to kick start the EV sector in the UK, has ended for most consumers, only leaving grants available for vehicles in niche and commercial uses.

Grant 98
article thumbnail

Brands respond to Plug-in Car Grant changes with price reductions and new models

Drive EV

The UK Plug-in Car grant aims to stimulate the sales of electric cars by slicing a chunk of the price. Recently the value of the grant was reduced and the number of models eligible dramatically cut. Previously the only route to the longer range e-Niro SUV was to purchase the model in mid-range “3” trim level.

Grant 98
article thumbnail

Stellantis joins Forvia and Michelin as equal shareholder in hydrogen company Symbio

Green Car Congress

purchase in Symbio, a leader in zero-emission hydrogen mobility. Stellantis N.V. completed its 33.3% FORVIA and Michelin are equal shareholders. Hype and Stellantis are already deploying a first fleet of 50 hydrogen “Taxis PMR” in the Île-de-France region surrounding Paris.

Hydrogen 150
article thumbnail

Nissan LEAF pricing reduced making all models eligible for the plug-in car grant

Drive EV

For customers looking to purchase the long-range e+ 62kWh version, the price reduction renews the model’s eligibility for the grant, unlocking a saving of £5,265 compared to purchasing at the previous price without the £2,500 PICG support. Brought to you by electric car drivers. .

Grant 52
article thumbnail

Elon Musk acquires over 10,000 Tesla shares following stock recovery

Teslarati

According to a filing with the SEC, Tesla CEO Elon Musk has exercised an option to purchase Tesla stock and has acquired 10,500 shares. NEWS: New Form 4 from Elon Musk tonight showing some small equity grants being exercised. What do you think of the article? William is a Tesla shareholder.

Tesla 100
article thumbnail

State EV incentive programs are overwhelmed by demand, forced to pause

Teslarati

As state and federal government agencies have been working to increase the number of electric vehicles on the road in the United States, their primary tool has been EV tax incentives , which give car buyers a sizeable discount on their taxes when they purchase an electric vehicle. What do you think of the article?

article thumbnail

2014 BMW i3 Range Extender: No White CA Carpool-Lane Sticker, Here's Why

Green Car Reports

Incentives help drive the purchase of plug-in electric cars, which remain unfamiliar and expensive to many first-time buyers. But a recent Forbes article may have caused some confusion over which incentives will be granted to BMW''s first electric car, the i3, when it goes on sale this spring.

2014 126