{"id":15832,"date":"2021-05-13T22:04:52","date_gmt":"2021-05-13T21:04:52","guid":{"rendered":"https:\/\/brokernews.co.uk\/?p=15832"},"modified":"2021-05-27T09:41:57","modified_gmt":"2021-05-27T08:41:57","slug":"ozev-making-a-managed-exit-from-plug-in-car-grant","status":"publish","type":"post","link":"https:\/\/brokernews.co.uk\/ozev-making-a-managed-exit-from-plug-in-car-grant\/","title":{"rendered":"OZEV: making a managed exit from Plug-in Car Grant"},"content":{"rendered":"\n

THE Plug-in Car Grant, given a value shave and price cap on 18 March 2021<\/a>, will gradually be remaindered. Current funding is planned to last until 2022-23.<\/p>\n\n\n\n

The information was relayed to a meeting organised by the National Franchised Dealers Association<\/a> (13 May, 2021), when representatives from the Office for Zero Emission Vehicles – OZEV, previously known as OLEV – provided clarification about the Plug-in Car Grant.<\/p>\n\n\n\n

Talking to the franchised dealers present, OZEV clarified a number of points.<\/p>\n\n\n\n

Future changes to the grant<\/h2>\n\n\n\n

OZEV explained that the plug-in grants had been designed to support the uptake of ultra-low and zero emission vehicles during the early stages of the market. However, the government intended to \u201cgradually deliver a managed exit\u201d from the grants (which have been extended until 2022\/23), although OZEV did add that vehicle uptake would be continued through other measures.<\/p>\n\n\n\n

OZEV added that during the early stages of the grant, when uptake was low, it was able to provide advance notice of any changes.<\/p>\n\n\n\n

However, with increasing demand, a very short notice period ahead of the grant rates in March 2020 led to a large spike in orders between the announcement and the changes coming into effect. On this point OZEV noted that the \u201cgovernment has a responsibility to manage the grant budget and to deliver value for money for taxpayers\u201d.<\/p>\n\n\n\n

In future OZEV said the pug-in grant would be kept under review. Subsequent changes, in all likelihood, would also be introduced without warning.<\/p>\n\n\n\n

Definition of the Plug-in Car Grant price cap<\/h2>\n\n\n\n

OZEV also provided clarity around the price cap definition stating cars must be priced below \u00a335,000 RRP to be eligible for the grants.<\/p>\n\n\n\n

In particular, the price cap definition includes \u201cany non-standard option fitted by the manufacturer or dealer affecting the capacity of the battery, drive train configuration or maximum net power\u201d; and it does not include \u201cany non-standard option fitted by the manufacturer or dealer which does not affect the capacity of the battery, drivetrain configuration or maximum net power\u201d*.<\/p>\n\n\n\n

Sue Robinson, NFDA chief executive commented:<\/p>\n\n\n\n

\u201cNFDA has been working closely with the government\u2019s Office for Zero Emission Vehicles<\/a> over the past years, especially, since the launch of our government co-funded Electric Vehicle Approved accreditation scheme and the development of our EV working group.<\/p>\n\n\n\n

\u201cToday\u2019s session proved extremely useful in providing retailers with further clarity around the plug-in grant, including details on the definition of price cap which not all dealers are aware of.<\/p>\n\n\n\n

\u201cGoing forward, we will continue to work closely with OZEV to best represent our members\u2019 interests and, in turn, provide franchised dealers with clear and timely guidance\u201d.<\/p>\n\n\n\n

Further details on price cap definition<\/h2>\n\n\n\n

Definition of price for application of the cap to be eligible for the PICG, eligible cars must be priced below \u00a335,000 RRP. The definition of price includes:<\/p>\n\n\n\n

\u2022 VAT, including VAT reclaimable by a business<\/p>\n\n\n\n

\u2022 vehicle manufacturer or dealer\u2019s mandatory extras including delivery charges or administration fees<\/p>\n\n\n\n

\u2022 the battery cost (including where the battery is leased)<\/p>\n\n\n\n

\u2022 any non-standard option fitted by the manufacturer or dealer affecting the capacity of the battery, drive train configuration or maximum net power<\/p>\n\n\n\n

and excludes:<\/p>\n\n\n\n

\u2022 any non-standard option fitted by the manufacturer or dealer which does not affect the capacity of the battery, drivetrain configuration or maximum net power.<\/p>\n\n\n\n

\u2022 modifications such as \u2018police packs\u2019, ambulance\/fire engine modifications<\/p>\n\n\n\n

\u2022 modifications for disabled users<\/p>\n\n\n\n

\u2022 warranty\/insurance and service packages etc<\/p>\n\n\n\n

\u2022 first registration fee and cost of first licence<\/p>\n\n\n\n

\u2022 discounts (including rebates)<\/p>\n\n\n\n

Where a vehicle model has a price range which straddles the cap only those variants\/trim levels priced below the cap will be eligible for the grant. Variants or trim levels of eligible vehicles which are priced above the price cap are not eligible for the grant.<\/p>\n","protected":false},"excerpt":{"rendered":"

THE Plug-in Car Grant, given a value shave and price cap on 18 March 2021, will gradually be remaindered. Current funding is planned to last until 2022-23. The information was relayed to a meeting organised by the National Franchised Dealers Association (13 May, 2021), when representatives from the Office for Zero Emission Vehicles – OZEV, previously known as OLEV – provided clarification…<\/p>\n","protected":false},"author":2,"featured_media":15835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[305],"tags":[557,604,323],"acf":[],"yoast_head":"\nOZEV: making a managed exit from Plug-in Car Grant - Broker News<\/title>\n<meta name=\"description\" content=\"THE Plug-in Car Grant, given a value shave and price cap on 18 March 2021, will gradually be remaindered. 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