Omoda & Jaecoo has introduced a £600 incentive on its electric Omoda E5 and Jaecoo E5 models, linking the offer directly to the confirmed 3p-per-mile road charge that electric-vehicle drivers will pay from the 2028-29 financial year. The company is calling the contribution an “EV tax rebate”, although it is simply a manufacturer-funded discount applied at the start of the finance agreement.
The offer only applies when buyers take out a 4-year Omoda & Jaecoo Finance plan through the brand’s UK retail network. Cash buyers do not receive the £600 as a standalone reduction. The company says the figure reflects roughly 20,000 miles at the future 3p-per-mile rate, which is around 2 or 3 years of typical private use. The upcoming tax itself is unchanged and will still apply from April 2028.
On the Omoda E5 Noble, the £600 sits alongside the brand’s existing EV grant support on a 0 percent APR plan. On the Jaecoo E5 it is included within a 3.9 percent APR structure. In both cases it reduces the customer’s initial payment and leaves the rest of the finance terms unchanged.
The E5 models sit in the mid-size electric-SUV segment and use batteries just over 60 kilowatt-hours, with WLTP ranges in the mid-200s and DC charging speeds above 100 kilowatts. Both carry a 7-year warranty and are sold through more than 90 UK dealers.
Omoda & Jaecoo is the first manufacturer to link a retail incentive directly to the new road-pricing system. The offer is available now through participating retailers.