Industry jargon

Plug-in Car Grant

Also called: PICG The Plug-in Car Grant was a UK government subsidy that reduced the purchase price of eligible plug-in cars. The grant stopped being available for ordinary new-car orders on 14 June 2022, with a limited exception for wheelchair-accessible vehicles. The UK introduced a new Electric Car Grant in July 2025 under different rules, so PICG should not be treated as the current car-grant scheme. Older vehicle listings and finance documents may still mention PICG because the grant formed part of the purchase price when those cars were new.