Chinese electric vehicle (EV) manufacturers GWM and MG have recently announced the launch of their own subsidies to promote the adoption of their electric models in the United Kingdom (UK), following the uncertainty created by the recent change in the British government’s subsidy scheme.
GWM Offers a £3,750 Green Subsidy
GWM UK has introduced a £3,750 “Green Subsidy” for customers purchasing the ORA 03 model.
The initiative removes the need to wait for government approval and ensures customers receive the benefit immediately, matching the subsidy previously planned by the government.
This subsidy is valid across the entire ORA 03 range, including the PURE, PRO, and GT trim levels, reducing the price of the base ORA 03 PURE model to £21,245 after the discount.
Furthermore, the savings can be applied towards a deposit for a Personal Contract Purchase (PCP), with financing available at a 0% APR.
Toby Marshall, Managing Director of GWM UK, emphasised that the brand does not believe customers should wait for the government to decide which vehicles will qualify for the subsidy.
Instead, GWM UK has opted to offer the subsidy immediately, making it easier for customers to transition to electric vehicles.
The ORA 03, which has earned a 5-star Euro NCAP rating, is available with different battery options and ranges.
The base PURE model features a 48 kWh battery with a range of up to 310 km, while the PRO model comes with a 63 kWh battery and a range of up to 427 km.
MG Motor Introduces a £1,500 Subsidy
MG Motor UK has launched its own £1,500 subsidy for private buyers of the MG4 EV and MG5 EV models.
This subsidy is in addition to any incentives offered by the brand’s 155 dealers across the UK, and is available immediately.
Guy Pigounakis, Commercial Director of MG Motor UK, emphasised that the company remains committed to the adoption of electric vehicles and to the efforts of achieving a Net Zero environment.
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Chinese EV Manufacturers Launch Their Own Subsidies in the UK
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