Scottish drivers offered loans to switch to electric cars

Electric car on charge

Interest-free loans of up to £50,000 are being offered to drivers in Scotland to cover the cost of switching to an electric or plug-in hybrid car.

The Electric Vehicle Loan, available through the Energy Saving Trust in Scotland, can be repaid over six years.

Motorists can already pay for installation of an electric car charge point in their home through ChargePlace Scotland funding and use the majority of public ChargePlace Scotland charge points free of charge.

"We're seeing an increasing amount of interest in electric cars as the technology develops and the charging infrastructure continues to grow across Scotland," says Harry Mayers, Head of New Services at the Energy Saving Trust.

"Electric cars cost around 3p per mile to run, compared with around 15p per mile for the average petrol car, and incur no road tax. They also help to reduce local air and noise pollution, contributing towards a greener, healthier Scotland."

The applications deadline is March 31st 2016.

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