Coalition to keep £5,000 electric vehicle incentive

Transport secretary Philip Hammond has confirmed that motorists will still receive up to £5,000 towards the purchase of an ultra-low-carbon car from January 2011, Business Green reports.

The consumer grant will reduce the upfront cost of eligible vehicles by 25 per cent, capped at £5,000. Available across the UK, it will be open to both private and business fleet buyers. The level of the consumer incentive has been agreed until 31 March 2012.

You can find out more about electric vehicles on our greener driving and cycling pages. Read the full story at Business Green.