OLEV changes name to OZEV
Late last year the Government announced that it would be changing the name of the Office for Low Emission Vehicles to the Office for Zero Emission Vehicles to “better align with Government’s ambitions to be carbon neutral by 2050”.
What does this mean?
The UK Government is moving towards their goal of becoming a leader in reducing carbon emissions to zero by the year 2050. We believe that this change clearly shows the Government’s intentions to fully electrify the UK car population in the future. Moving away from their Low Emission Vehicle title may hint that they are soon to aim more focus on fully electric vehicles over their hybrid counterparts.
The Prime Minister’s 10 point plan also aims to create around 250,000 new jobs to help eradicate our contribution to climate change.
Funding currently available
Currently UK residents are able to claim the Electric Vehicle Homecharge Scheme (EVHS) otherwise known as OLEV or OZEV funding. This funding allows owners or soon to be owners of a qualifying electric vehicle to claim up to £350 off the cost of installing an EV charger at their home or workplace.