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  • 5 hours ago
Budget 2025: Electric Car Grant extended to 2030

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00:00I am providing support to boost our British car industry, increasing the
00:04threshold for the expensive car supplement on electric vehicles to £50,000
00:10saving over a million motorists £440 a year, providing £1.3 billion
00:17additional funding for the electric car grant, extending it to 2030 and taking
00:23total funding to £2 billion, as well as delaying changes to the employee car
00:28ownership scheme. In addition, we are investing a further £200 million to
00:35accelerate the rollout of EV charging, as well as 100% business rates relief for
00:41EV charge points for the next decade, with thanks to my honourable friend the
00:45member for Cambon and Redruth for his representations on this policy.
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