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Report: UK rips out EV subsidy for cars over £35,000 (vehicles)

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Cynical Sindee: What the tactical altruism schemers giveth to receive a bump in popularity, they eventually taketh away in painful acts of abrupt weaning. (today's platitude)
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https://thenextweb.com/shift/2021/03/18/...car-grant/

INTRO: The UK government is about to deal a blow to consumers and unexpectedly change the rules of its plug-in car grant. The changes will make a number of popular EVs less attainable than before, particularly those at the pricer end of the market.

According to The Times Driving, the UK government is going to cut its plug-in car grant by £500 ($700), dropping it from £3,000 ($4,180) to £2,500 ($3,480).

The grant is also going to be capped at £35,000 ($49,000), meaning those looking to buy EVs like the Tesla Model 3 or Polestar 2, which start north of £40,000 ($56,000), won’t be eligible to receive the subsidy.

A surge in demand for electric vehicles is being blamed for the governments actions. But in reality, it’s that the government no longer wants to, or can afford to, support the scheme... (MORE)
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