Which car manufacturers have their own EV incentive schemes?

Several car manufacturers have started to introduce their own EV incentive schemes for customers.

It follows last week’s announcement of the Government’s Electric Vehicle Grant, which would slash up to £3,750 off the price of a new electric vehicle from under £37,000.

Although full details on which cars will be eligible for the scheme won’t be revealed until August, certain car brands have begun to launch their own incentives to boost sales and to tempt more people into electric vehicles.

So, which car companies are offering discounts? And, which cars does it apply to?

Here is our guide to every car manufacturer that has released an electric vehicle incentive scheme.

Leapmotor

The Stellantis-owned Chinese firm, Leapmotor, was the first manufacturer to offer customer discounts on its EV range.

The ‘Leap-Grant’ scheme allows those who purchase a T03 city car up to £1,500 off the standard price, or up to £3,750 off a new C10 SUV.

That means prices for a T03 now start at £14,495, making it the cheapest new EV on sale, and £32,750 for a new C10.

GWM

The Chinese car firm, GWM, was the second manufacturer to introduce its own EV incentive scheme.

Customers who order an Ora 03 will now receive a discount of up to £3,750, causing the starting price to drop from £24,995 to £21,245 – making it one of the cheapest EVs on the market.

The Ora 03 is available with a choice of a 48kWh battery or larger 63kWh battery, offering claimed ranges of 193 miles for the former and 260 miles on the latter variant.

MG

MG is another Chinese manufacturer jumping onto the EV incentive bandwagon with its deal on MG4 and MGS5 models.

Private customers who purchase either vehicle will receive a discount of up to £1,500, which is to help boost their appeal and take the Chinese firm to the top when it comes to electric vehicle sales.

With the incentives, the MG4 now starts from £25,495 and the MGS5 is priced from £26,995, making both cars represent excellent value for money.

Alfa Romeo

Alfa Romeo quickly followed behind MG and introduced its own scheme, which would slash prices of the entire Junior Elettrica range.

The incentive applies to private buyers who purchase any version of the compact electric SUV, with customers saving up to £1,500 off Junior Elettrica, Speciale, Intensa and Veloce models.

Prices with the incentive now start at £32,405 and rise to £40,805 for the 276bhp Veloce model.

Also, those who order a car before September 30, will also receive an Ohme ePod or Home Pro EV home charger installation, free of charge.

Hyundai

Hyundai is the latest manufacturer to introduce its ‘Electric Grant’ scheme, which will drop up to £3,750 off the price of a new Inster city car, or £1,500 off any other electric offering in the firm’s model line-up.

That means customers who order a Kona Electric, Ioniq 5, Ioniq 6, Ioniq 5 N and Ioniq 9 will all benefit from substantial savings.

Also, customers who purchase an Inster or Kona Electric before August 31 will receive an additional £500 off list prices, through the firm’s ‘Electrifying Summer Event’.

Skywell

Skywell is a Chinese car manufacturer that is part of the multi-billion-pound consumer electronics giant, Skyworth Group.

The firm has announced that it will be offering customers up to £3,750 off the price of its electric SUV, the BE11.

That means the entry-level 72kWh ‘Standard Range’ car is priced from £27,245, making it one of the cheapest electric SUVs on the market. There is also a larger 86kWh ‘Long Range’ model, which will be priced from £30,245, with the EV incentive.

Volvo

Volvo has also introduced its own EV discount scheme, which will be compatible with the firm’s smallest model, the EX30.

Private customers can save up to £1,500 off the price of any variant of the compact electric SUV, bringing the starting price down to £31,560 for the entry-level ‘Core’ model and £45,560 for the flagship ‘Cross Country’ variant.

Volvo’s EV incentive is available now, with customers able to purchase vehicles through the company’s website or with a franchised dealer.

Smart

Smart has introduced its ‘Smart EV Car Grant’ discount scheme, which will be available on #1 and #3 models.

Customers who order either vehicle can save an additional £1,500, on top of the firm’s existing offers of £2,000 off a #1 and £1,000 off a #3, meaning savings of up to £3,500 on the former and £2,500 for the latter.

The entry-level Smart #1 now starts at £28,460 and the cheapest #3 comes in at £31,460.

The Smart EV Car Grant is available now, with it likely to be offered on the firm’s larger #5 SUV, when it arrives in showrooms later this year.

Cupra, Skoda and Volkswagen

Cupra, Skoda and Volkswagen have announced their own ‘Grant Guarantee’ EV discount schemes.

It allows customers to save up to £1,500 off the price of a Cupra Born, a Skoda Elroq and Enyaq, a Volkswagen ID.3 and ID.4.

That means the Cupra Born now starts at £34,190, while the Skoda Elroq comes in at £30,010, the Enyaq at £45,760, the Volkswagen ID.3 is priced from £29,360 and the ID.4 is yours for £38,090.

Cupra, Skoda and Volkswagen’s Grant Guarantee schemes are available now, with the incentives expected to end on August 31.

Fiat and Abarth

Fiat was the first car manufacturer to launch its own EV discount scheme with its ‘E-Grant’ incentive in 2023.

With the Government’s recently-announced Electric Vehicle Grant, the Italian firm has relaunched the E-Grant incentive across its entire range of electric models.

Customers can save up to £1,500 off the price of a 500e and 600e, and from the cars within the firm’s performance brand Abarth, such as the 500e and 600e.

Prices for a new 500e now start at £25,035, the 600e now comes in at £30,035, while the hot Abarth 500e is priced from £29,985 and the bigger 600e from £36,985.

Fiat’s E-Grant scheme is available now, with it expected to end on September 30.

Vauxhall

Vauxhall has announced its own EV grant scheme across its range of electric cars.

The incentive allows customers to save up to £1,500 off the price of a Corsa Electric, Astra Electric, Mokka Electric, Frontera Electric and Grandland Electric.

That means that prices for a Corsa Electric now start at £25,930, the Astra Electric is priced from £33,280, the Mokka Electric from £30,830, the Frontera Electric from £24,645 and the Grandland Electric comes in at £34,555.

Vauxhall’s electric vehicle grant is available now, with it expected to end on August 31.

Suzuki

Suzuki has launched its ‘Suzuki Granted’ scheme for its first EV with the e Vitara.

It will allow private customers to save the full £3,750 off the price of the firm’s new electric SUV.

It means prices now start at £26,249 for the entry-level ‘Motion’, rising to £34,049 for the flagship ‘Ultra’, which benefits from Suzuki’s Allgrip four-wheel drive system.

The e Vitara comes with the option of a 49kWh battery and an electric motor that gives a claimed range of up to 213 miles, or there is a bigger 61kWh unit that can do a claimed 264 miles between trips to the plug.

The Suzuki Granted scheme is available now, and is expected to end on December 31.

Jeep

Jeep has just launched its ‘Jeep EV Grant’ on the Avenger Electric range, which slashes £3,750 off the list price, putting it on par with the government’s Electric Vehicle Grant scheme.

That means the entry-level Avenger Electric Longitude model now starts at £26,249, putting it almost on price parity with the Ford Puma Gen-E, which is the only passenger vehicle to receive the full £3,750 discount from the ECG.

The Jeep EV Grant is available now on Avenger Electric models, with deliveries expected to commence later this year.