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.
Read more EV market and adoption