UK Revives Electric Car Grant but With Strict Limits

The UK government has reintroduced grants for electric vehicles (EVs) in a bid to boost lagging consumer demand, but industry insiders warn that most buyers may be left behind. Unveiled late last week, the new electric car grant will offer up to £3,750 off the price of a new EV, targeting models priced under £37,000 and meeting strict environmental production standards. Backed by £650m in public funding, the grant aims to accelerate the adoption of electric vehicles ahead of key net-zero deadlines and regulatory targets facing…