Friday, June 14, 2024
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Government ends electric moped grant

The end of the financial year on 5 April also saw the end of the government’s plug-in motorcycle grant for mopeds with the Department for Transport closing the scheme.
According to an update from the MCIA, the scheme ended because electric mopeds had managed to corner 40% of the market in 2022 (though there’s no mention of the subsequent massive decline in 2023…). The grant had previously delivered £7m in subsidies to help the changeover from petrol to battery electric bikes, with more than 12,000 electric bikes sold under the scheme.

It’s not all bad news, though: the scheme will continue to subsidise L3e (125cc+ equivalent) electric motorcycles for at least another year, at the current rates, to try and help kickstart the moribund market for larger machinery. Dealers with any queries can contact the DfT at [email protected], or visit the gov.uk website.

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