Labour announces new £1billion fund for electric vehicles including massive £81,000 discount

Labour announces new £1billion fund for electric vehicles including massive £81,000 discount

Labour has announced a groundbreaking new £1billion investment to help businesses invest in electric vehicles, which could see some companies save a staggering £81,000 off a new vehicle.The new funding will be used as part of the Zero Emissions Truck and Van grants, as well as the Depot Charging Scheme.Businesses will be able to save up to £81,000 off the heaviest zero emission trucks, which will cover up to 40 per cent of the cost for larger ve…

Logistics UK welcomes zero emission vehicle grants

The industry body believes that zero emission vehicle grants and the extended depot charging scheme will accelerate electric commercial vehicle adoption and are a “significant” step towards decarbonisation. High upfront vehicle costs and the challenge of securing depot charging infrastructure remain two of the largest barriers to electric HGV adoption, according to Logistics UK’s research. The business group has therefore welcomed this week’s go…

Government earmarks £1bn of taxpayer cash for electric trucks and vans

The Department for Transport is continuing its push for electric goods vehicles by funnelling £1bn of central funds into discounts of up to £81,000 for eHGVs, while subsidising the installation of chargepoints at vehicle depots.

Government unveils £1bn boost to fund EVs and infrastructure

The Department for Transport and Office for Zero Emission Vehicles have announced a new £1 billion funding package to help commercial fleet operators roll out electric trucks and vans, and to install new electric vehicle (EV) chargers at depots. The money will be delivered through the Zero Emissions Truck and Van Grants and the Depot Charging Scheme. The move forms part of the government’s strategy to help build resilience against fuel price unc…

Government provides £1bn support to hauliers making BEV switch

A £1bn boost to help businesses switch to clean trucks and vans and install new EV chargers at depots has been announced by the government to help cut costs, support jobs, and slash emissions, writes Peter Brown. Companies looking to upgrade their rolling stock to zero-emission vehicles will save up to £81,000 off the heaviest zero-emission trucks, covering up to 40% of the cost, and up to £5,000 off new zero-emission vans. Businesses and public…

UK Government driving electric van transition with £1 billion worth of grants

The UK Government recently announced it is offering businesses up to £1bn in grants to ditch their petrol and diesel vans and trucks for electric. The Zero Emissions Truck and Van grants and the Depot Charging Scheme (DCS) were rolled out on March 25, aimed at tackling two of the biggest barriers to making the switch: upfront costs and charging access. The truck grant offers discounts of up to £81,000 on the heaviest zero-emissions heavy goods v…