Group News - December 2022

Electric Vehicle Homecharge Scheme

Electric Vehicle Homecharge Scheme
21Posted: 21st Dec 2022

The Electric Vehicle Homecharge Scheme (EVHS) was a scheme operated by the OZEV which gave eligible claimants a grant of 75% off the cost and installation of a wall box, up to £350. The EVHS rebranded to the EV chargepoint grant but it’s still pretty similar. Below we explain the Electric Vehicle Homecharge Scheme, how it’s changed over the years and what you need to do if you want to apply for the new EV chargepoint grant.    

Do electric cars lose charge when parked?
5Posted: 5th Dec 2022

Do electric cars lose charge when parked?

There are loads of benefits when it comes to driving an electric car. They’re typically cheaper to run, produce zero tailpipe emissions and are extremely fun to drive. But there are some slightly different driving habits needed compared to a traditional ICE car due to how they work. Batteries and charging pose the biggest question to those new to electric cars. One that keeps coming up is “...

Why are electric cars better for the environment
1Posted: 1st Dec 2022

Why are electric cars better for the environment

Electric cars don’t directly produce emissions as they don’t use polluting fossil fuels. Petrol and diesel engines emit carbon dioxide (CO2) which pollutes the air, a contributing factor to climate change. EVs offer a cleaner alternative to everyday driving with zero tailpipe emissions. They’re not just green, but they’re also cost-effective to run too. Electricity costs ...

Representative Finance Example
APR Representative 13.9%
Cash Price £5,995
Deposit £0
1st Monthly Payment £136.55
58 Monthly Payment £136.55
Final Monthly Payment £146.55
Amount of Credit £5,995
Total Amount Payable £8,203.00
Total Charge for Credit £2,198
Duration 60 Months

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