UK cuts grants for electric vehicles for second time in a year

Subsidy available will fall from ?2,500 to ?1,500 - half the sum available to buyers at the start of the yearThe UK government has cut grants for electric vehicles for the second time in a year, provoking the anger of the car industry and prompting a call for car tax to be redesigned.The grant available for electric cars will fall from ?2,500 to ?1,500 - half the sum available to buyers at the start of the year. The upper price limit for eligible car models will fall from ?35,000 to ?32,000, down from ?50,000 in March. Continue reading...