Peugeot cuts e-2008 electric SUV prices for UK government grant eligibility

Peugeot cuts e-2008 electric SUV prices for UK government grant eligibility

French automobile manufacturer Peugeot has confirmed that it has reduced prices of all versions of the e-2008 electric SUV in addition to offering some deals to make up for recent decline in government grants.

Peugeot reduced the prices of the e-2008 electric SUV by £450 across various versions and boosted its deposit contributions on all EV orders for the rest of the month of March so that customers can continue to reap the benefits of the plug-in car grant (PiCG) that is being offered by the UK government.

More specifically, the price cut ensured that the Peugeot e-2008 Active Premium, Allure as well as Allure Premium versions remain eligible for the PiCG. In addition to reducing the prices, the manufacturer is now offering an additional £500 deposit contribution to e-208 customers, and this offer will be available for the rest of March. It was obviously an attempt by the manufacturer to match the government’s subsidiary of £3,000 that was recently trimmed down to £2,500.

It may be noted here that the UK government recently slashed the list-price threshold from £50,000 to £35,000. While the French automaker’s models remain eligible for the government grant, GT and GT Premium models have lost their eligibility, simply because they come with starting price tags of £37,180 and £39,180, respectively.

By trimming down the prices of the e-2008 electric SUV, Peugeot joins the likes of Kia, MG, Vauxhall, Citroen, and Tesla, which also reduced prices of their EVs to ensure models remain eligible for the government EV grants in the UK.

Elsewhere, Tesla has announced to cover the £2,500 grant amount on the Model 3 EVs until the end of March 2021, which is no longer eligible for the government plug-in grant.

Citroen has announced price reductions for all versions of its e-C4 electric car to help the EV remain eligible for the grant. The France-based manufacturer trimmed down the price of the e-C4 Shine Plus by £550 to help it remain under the threshold.

Vauxhall announced price reductions for its Mokka-e as well as Vivaro-e Life electric models. Following the price reductions, the price of the Mokka-e SE Premium version has come down to £33,040 before the grant, while the top model in the range, the Mokka-e Launch Edition, is now available for £34,995. The Vivaro-e Life Edition EV now starts at £34,995 before the grant. Thus, all these models remain eligible for the government’s plug-in car grant.