Electric van grant extended

Electric van grant extended

The government has announced an extension of the electric van grant and an additional £4m to help refuel gas-powered trucks…

Transport Minister Baroness Kramer has announced the extension of funding for electric vans in a bid to continue to develop green fleets, which can cut emissions.

The grant was launched in 2012 and gave purchasers a 20 per cent discount off the upfront cost worth up to £8,000. This scheme is set to be extended in a bid to meet demand.

The initiative also enables businesses to take advantage of tax incentives in place for green fleets. This includes zero vehicle excise duty on these vehicles, and drivers in London are exempt from congestion charges.

Baroness Kramer said: “Ultra-low emission vans are cheaper to run and with a variety of models now eligible for the grant, there has never been a better time for business to take advantage and start saving money.

“The government is supporting UK companies that are leading the way on cleaner and greener transport.”

The initiative has supported over 1,250 vans since it started, helping companies who use greener transport to save money.

Baroness Kramer added: “This investment will make it even easier for British businesses to increase their uptake of cleaner gas powered HGVs.

“It will not just improve local air quality, but benefit those who develop and manufacture this technology and reinforces our commitment to the UK automotive industry.”

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