The Plug-in Truck Grant, which was due to finish at the end of March, has been extended for another 12 months, into the 2025/26 financial year.
Under the scheme, trucks between 4.25 and 12 tonnes can receive up to £16,000 andtrucks over 12 tonnes can get up to £25,000 off the price of an eligible vehicle.
Future of Roads minister Lilian Greenwood commented: “With freight making up 20% of road transport emissions, decarbonising the sector is crucial not only to drive down our transport emissions, but it also brings some fantastic opportunities to create jobs, attract investment and deliver growth.
“That’s why we’re also investing up to £200m to help roll out hundreds of zero-emission lorries and install new infrastructure – which has supported the order of over 274 zero-emission lorries, many of which already have already hit our roads.”
Responding to the announcement, Logistics UK Deputy Director – Policy, Michelle Gardner says it will speed up decarbonisation by helping make the business case for investing in electric vehicles:
“Cost is a significant barrier for businesses when investing in green technology, so extending the Plug-In Truck Grant will encourage HGV fleet decarbonisation by removing some of the risk.
“We have been calling for the grant to be extended for some time and our members will be encouraged that the government is taking industry’s views on board. Alongside affordable electric vehicles, the sector needs a comprehensive charging network, and we continue to urge the government to ensure the energy infrastructure is delivered at the pace the sector requires to maintain the nation’s supply chains while meeting net-zero goals.”
