£4 million boost for electric vans and trucks

4 million boost for electric vans and trucks

The Government is committing an additional £4 million to the Plug-In Van grant scheme by extending the eligibility to larger electric vehicles.

Businesses will now benefit from grants of up to £20,000 when switching their large trucks to electric vehicles, Business and Energy Secretary Greg Clark announced last month.

According to a report Fleet News it means that N2 vans and N3 vans which meet the emissions criteria are now eligible. The scheme will be reviewed once 5,000 grants have been processed, or in March 2018 – whichever is earlier.

“The electric car revolution is well underway with consumers and this funding will encourage more businesses to consider switching to cleaner vans and trucks,” Business & Energy Secretary Greg Clark claimed. “Our automotive sector is thriving, with the world’s most popular electric car already made in the UK and we are forging ahead to deploy new engine technology to make low-carbon vehicles mainstream, and leading the way in driverless technology.”

The Office for Low Emission Vehicles, a joint unit of the Department for Business, Energy & Industrial Strategy and the Department for Transport, believes that extending the scheme will stimulate demand for more electric vans and trucks, and consequently encourage new entrants into the electric van market.
The Plug-In Grant has been available to small commercial vehicles of up to 3.5 tonnes since 2012, but sales of new electric vans have remained limited.

Wednesday 16th November 2016