Full list of 50 cars set for £3,750 price cut due to due to new rule

Motorists buying any of these 50 cars could be eligible for a staggering £3,750 discount due to a new Labour rule change. Electric cars from popular brands such as Vauxhall, Renault, and MINI are all set for price cuts due to Labour’s new EV grant.

The £650million scheme offers price cuts to those buying brand new electric vehicles priced under £37,000 in a bid to stimulate private demand. Labour has confirmed that only vehicles from brands committed to a Science-Based Target (SBT) for cutting emissions will qualify for the scheme. Experts at Carwow have put together a list of vehicles priced under £37,000 that match this criteria and could be set for savings.

However, Chinese brands such as BYD, Dacia and Leapmotor may not qualify for the scheme due to environmental standards of production facilities. Despite this, some Chinese brands such as Laapmoor have taken their own action and pledged to cut prices by the same £3,750 figure in-line with the new rule.

The Government said their new EV grant would help to narrow the upfront cost difference between petrol cars and electric models. It comes after previous polls suggest upfront costs were still a key barrier to motorists making the transition.

Buying an electric vehicle is becoming cheaper, with around 40% of used electric cars now available for under £20,000. Meanwhile, analysis shows there are now 33 brand new electric cars available for under £30,000.

However, help has been offered after SMMT data revealed that just one in 10 private buyers decided to go ahead and buy electric cars in 2024. Speaking when the news was first announced, Iain Reid, head of Editorial at Carwow, welcomed the new savings.

Iain said: “The Government’s EV subsidy scheme is a welcome turning point – and one we’ve long been calling for. The decision to reintroduce support at the point of sale is exactly what’s needed to rebuild consumer confidence; a saving of up to £3,750 available until 2028/29 could be decisive for many households considering an electric car for the first time.

“Manufacturers have done their part by bringing EV prices closer to petrol equivalents, and a grant targeted at the more affordable end of the market will help boost momentum.”

1. Dacia Spring - £14,995
2. Leapmotor T03 - £15,995
3. BYD Dolphin Surf - £18,650
4. Fiat Grande Panda - £21,035
5. Citroen e-C3 - £22,095
6. Renault 5 - £22,995
7. Hyundai Inster - £23,005
8. Citroen e-C3 Aircross - £23,095
9. Vauxhall Frontera Electric - £23,995
10. GWM Ora 03 - £24,995
11. Fiat 500e - £25,035
12. Vauxhall Corsa Electric - £26,780
13. MINI Cooper Electric - £26,905
14. Renault 4 - £26,995
15. MG4 - £26,995
16. Citroen e-C4 - £27,650
17. MGS5 EV - £28,495
18. Citroen e-C4 - £28,715
19. MINI Aceman - £28,905
20. Smart #1 - £29,960
21. Abarth 500e - £29,985
22. Ford Puma Gen-E - £29,995
23. Jeep Avenger - £29,999
24. Suzuki e-Vitara - £29,999
25. Fiat 600e - £30,035
26. Peugeot e-208 - £30,150
27. BYD Dolphin - £30,205
28. Volkswagen ID.3- £30,860
29. Citroen e-Berlingo - £31,240
30. Toyota Proace City Verso EV - £31,995
31. Peugeot e-Rifter - £32,250
32. Vauxhall Mokka Electric - £32,430
33. Renault Megane E-Tech - £32,495
34. MINI Countryman Electric - £33,005
35. Kia EV3 - £33,005
36. Volvo EX30 - £33,060
37. Omoda E5 - £33,065
38. Alpine A290 - £33,500
39. Alfa Romeo Junior Elettrica - £33,906
40. Smart #3 - £33,960
41. Vauxhall Astra Electric - £34,130
42. Hyundai Kona Electric - £34,500
43. Peugeot e-2008 - £35,400
44. Cupra Born - £35,690
45. Vauxhall Grandland Electric - £36,455
46. MG4 XPower - £36,495
47. Leapmotor C10 - £36,500
48. Abarth 600e - £36,985
49. KGM Torres - £36,995
50. Skywell BE11 - £36,995