Government cuts cost of electric lorries by up to £120,000

Discounts of up to £120,000 on new electric trucks will be available, with an additional £18m of funding announced to increase the Plug-in Truck Grant until March 2026.

The move is part of a £318m plan for green freight, and similar to the Electric Car Grant, the Plug-in-Truck Grant enables lorry operators to access savings when buying a new electric truck.

The new grant levels mean smaller trucks (4.25t to 12t) could save up to £20,000, mid-sized trucks (12t to 18t) up to £60,000, larger trucks (18t to 26t) up to £80,000 and the largest lorries (26t and over) up to £120,000.

Minister for Aviation, Maritime and Decarbonisation, Keir Mather, said: “Our proposals will provide the certainty the industry has been calling for so that Britain becomes the best place for green investment.”

The Government has already invested over £120m as part of the zero emission heavy goods vehicle (HGV) and infrastructure demonstrator (ZEHID) programme to roll out more zero emission lorries on UK roads, and alongside the increased funding, the Government will also launch a consultation on the regulatory roadmap to phase out sales of new non-zero emission HGVs by 2040.



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