Fiat has announced a £3000 electric car grant for buyers of the electric 500 and 500 Convertible ⚡
The scheme has been introduced in response to the UK government axing its Plug-in Car Grant last June. The grant had been gradually reduced over time, from £5000 at introduction in 2011 down to an eventual £1500.
Fiat UK managing director Damien Dally said: “There’s no doubt the government’s Plug-in Car Grant successfully kick-started the UK’s electric car revolution. However, with the cost of living crisis and rising cost of electric vehicles, coupled with our net-zero climate targets, we believe more needs to be done to incentivise individuals to be able to afford to make the switch."
Fiat has written an open letter to the UK government, asking for its help in incentivising UK residents to switch to EVs and claiming that EV sales have "plateaued" in the UK. The Society of Motor Manufacturers and Traders has reported that sales of EVs increased by 25.6% between 2022 and 2023, however, going from 77,064 to 96,755.
Fiat is continuing its fast-paced transition to an all-electric line-up under parent company Stellantis, removing all pure-ICE models from sale last June.
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