Reduced prices on Smart electric vehicles, boosted by an in-house incentive
In an exciting development for electric vehicle (EV) enthusiasts in the UK, Smart has announced a new discount scheme for its top-selling SUVs. The move comes as anticipation builds for the Government-led Electric Vehicle Grant, which is set to provide significant savings for buyers.
The CEO of Smart, Jason Allbutt, made the announcement, stating that the discount scheme, named the "Smart EV Car Grant," will result in a £1,500 price reduction on each of the #1 and #3 Smart SUVs. With the addition of the grant, total savings on each car are now £3,500.
Smart's award-winning EV range offers a combination of premium design and cutting-edge technology, making these SUVs an exceptional value for money even before the discount. The prices for the #1 SUV now start at £28,460, and for the #3, they start at £31,460.
The Government-led Electric Vehicle Grant is part of a larger effort to promote electric mobility. It aims to provide immediate confidence in access to competitive car prices, encouraging more people to switch to electric vehicles. However, the eligibility criteria for the grant are still unclear, which could leave buyers in limbo.
Rumours suggest that cars and batteries built in China may not qualify for the grant, but Smart's SUVs are manufactured in Europe, ensuring eligibility. The initiative may encourage other car brands to offer discounts in anticipation of the Government-led Electric Vehicle Grant.
The grant incentivizes low-emission EVs priced under £37,000 that are produced with verified low-carbon supply chains and assembly. Eligibility is verified per vehicle model by UK authorities, and the grant supports private and approved business purchases or leases in the UK.
The discount scheme is part of Smart's commitment to opening minds towards electric mobility. The company is optimistic that the savings will make electric vehicles more accessible and attractive to a wider audience. With the Government-led Electric Vehicle Grant set to provide additional savings, now could be the perfect time for those considering an electric vehicle to take the plunge.
[1] Government-led Electric Vehicle Grant eligibility criteria: https://www.gov.uk/government/publications/eligible-vehicles-for-the-plug-in-car-grant/eligible-vehicles-for-the-plug-in-car-grant [2] Government-led Electric Vehicle Grant: Science Based Targets: https://www.gov.uk/government/publications/science-based-targets-for-electric-vehicles/science-based-targets-for-electric-vehicles [3] Government-led Electric Vehicle Grant: Manufacturer applications: https://www.gov.uk/government/publications/manufacturer-applications-for-the-plug-in-car-grant/manufacturer-applications-for-the-plug-in-car-grant [4] Government-led Electric Vehicle Grant: Vehicle Certification Agency: https://www.gov.uk/government/publications/vehicle-certification-agency-plug-in-grant-guidance/vehicle-certification-agency-plug-in-grant-guidance
- The Government-led Electric Vehicle Grant may encourage a shift in lifestyle as more people opt for EVs, and Smart's discount scheme for their electric SUVs could make this transition more appealing and cost-effective, embracing the future of technology in the transport sector.
- As the UK government moves forward with the Electric Vehicle Grant, it is essential to consider the impact on the market, specifically on manufacturers, such as Smart, whose electric cars, like the part of their premium lifestyle range, are eligible for the grant, and may influence the purchase decisions of technology-conscious consumers looking for environmentally friendly and cost-effective transportation options like electric vehicles.