Britain subsidizes electric cars - Citizens are offered discounts of up to 3,750 pounds
The cost of some new electric cars in Britain will soon be reduced to as little as £3,750 under grants being introduced by the government to encourage drivers to switch from petrol and diesel vehicles.
The discounts will apply to vehicles costing up to £37,000, with the most environmentally friendly vehicles seeing the biggest reductions, the Department for Transport said.
Carmakers can apply for financing from Wednesday and the low-cost vehicles should start selling within weeks.
But experts say the UK needs more charging points to encourage people to buy electric vehicles (EVs). The government has pledged to ban the sale of new cars and vans powered entirely by petrol or diesel by 2030.
Under the scheme, discounts will range between £1,500 and £3,750 and buyers will be able to claim a discount at the dealership. The grants to reduce the cost of EVs will be funded through a £650 million scheme and will be available for three years.
There are around 1.3 million electric cars on Britain's roads, but there are currently only around 82,000 public charging points and the government's target is to reach 300,000 by 2030.
At the weekend, the Transport Secretary said the government would invest £63m to fund electric vehicle charging points. She also highlighted the government's target to go from 82,000 charging points to 300,000 by 2030.
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