As the UK's electric motorcycle market continues to gain momentum, a looming deadline threatens to derail the industry's progress. The government's plug-in motorcycle grant, which has provided a vital £3,500 subsidy to consumers purchasing electric bikes, is set to expire at the end of March. With the grant's £50 million annual budget already allocated, the industry is bracing for a potential "cliff edge" scenario, where sales plummet and manufacturers struggle to stay afloat. As the UK government considers extending or reforming the grant scheme, the future of the electric motorcycle market hangs in the balance, leaving enthusiasts and businesses alike eagerly awaiting a decision.
UK electric motorcycle market faces £50m ‘cliff edge’ as grant nears end THE PACK – Electric motorcycle news