Plug-In Car Grant

Definition

The Plug-In Car Grant is a financial incentive provided by the government to encourage the purchase of electric vehicles. It offers a discount on the cost of eligible low-emission cars.

Related terms

Electric Vehicle (EV): A vehicle that runs on electricity instead of gasoline or diesel.

Carbon Emissions: The release of greenhouse gases, such as carbon dioxide, into the atmosphere from burning fossil fuels.

Renewable Energy: Energy generated from sources that are naturally replenished, such as solar power or wind energy.