Whitepapers
23 July 2025
UK Electric Car Grant Program White Paper
This white paper analyses the program’s structure, eligibility criteria, and projected impact on Battery Electric Vehicle (BEV) sales and residual values.
The analysis reveals that while the program provides meaningful support to individual vehicle purchases, its overall market impact will be constrained by budget limitations.
With funding sufficient to support only approximately 5.8% of annual BEV sales (at full support levels), the program’s ability to drive broad market transformation is limited.
However, the impact on specific vehicle segments, particularly young vehicles and lower-priced models, will be substantial, particularly in respect of Residual Values.
You can download the White Paper HERE