Kia is providing a £3,750 price cut on their EV3 and EV4 Air electric vehicle models.
Kia Announces Electric Vehicle Incentives Ahead of Government Grant
Kia Motors has announced a new incentive scheme for its EV3 and EV4 hatchback models, offering significant price drops and a deposit contribution of £3,750. The changes are effective immediately, before the UK Government finalizes the eligibility criteria for its Electric Car Grant.
The Government's Electric Car Grant, set to launch in 2025, will offer discounts of up to £3,750 on cars priced below £37,000. However, the full eligibility criteria have not yet been finalized. The grant focuses on the vehicle’s environmental performance, price, and manufacturer sustainability commitments rather than the vehicle’s country of origin.
Kia's incentive scheme will only apply to the EV3 and the brand new EV4 hatchback for now. The price of the Kia EV3 with a 58kWh battery, originally priced at £33,005, will now be £29,255. Similarly, the price of the Kia EV4 with the same battery, originally priced at £34,495, will now be £30,945.
The price drops are temporary, as they are based on Kia's deposit contribution offer. Kia is being more prudent with its incentive scheme compared to sister firm Hyundai, which offers up to £3,750 off the RRP of every model in its electric car line-up.
Kia is also offering a deposit contribution of £3,750 for the EV3 and EV4 hatchback models before the Government finalizes the eligibility criteria for the Electric Car Grant. The company is offering test drives for the EV3, and the process takes just two minutes.
The incentives are aimed at customers switching to electric cars. Kia's focus on the entry-level Air specification for the EV3 and EV4 hatchback models indicates a commitment to making electric vehicles more accessible to a wider audience.
It is unclear what other criteria will make cars eligible for the Government's grant, with rumors suggesting country of origin may play a key role. However, the emphasis on sustainability credentials and compliance with environmental criteria suggests that the vehicle’s country of origin may not be a primary eligibility factor.
In conclusion, Kia's incentive scheme offers a significant saving for customers looking to purchase the EV3 or EV4 hatchback models, while they wait for the Government's Electric Car Grant to be finalized. The scheme underscores Kia's commitment to making electric vehicles more affordable and accessible.
- Customers considering a lifestyle shift towards electric vehicles may find Kia's announcement of incentives for the EV3 and EV4 hatchback models attractive, as these gadgets represent the latest technology in automotive sector.
- The British Government's Electric Car Grant, focusing on the vehicle’s environmental performance, price, and manufacturer sustainability commitments, aligns well with Kia's strategy to offer electric-vehicles that provide a cost-effective and eco-friendly transportation solution.