The Government has announced a two-year extension to plug-in van and truck grants to support the decarbonisation of fleets.
To date, the plug-in van grant (PIVG) and Plug-in Truck Grant (PITrG) have helped fund the purchase of 26,000 electric commercial vehicles. 30 models of electric vans and trucks qualify for these schemes (you can check the full list here).
The extension of these grants is welcome news for the transport industry, which is facing a cost crisis due to soaring fuel and logistics costs.
For small vans, the PIVG grant will pay up to 35% of the purchase price up to a maximum of £2,500, and for small trucks, the PITrG grant will pay up to 20% of the purchase price, up to a maximum of £16,000.
As demand for electric vehicles continues to grow at speed, this extension to our grant scheme will allow tens of thousands more vans to be purchased, transporting goods in a way which is kinder to our environment. This will support our vital, ongoing work to clean up our air in towns and cities right across the country and build back greener.Transport Minister Trudy Harrison
In addition to the extensions, the Government has also announced criteria change for the small truck grant — the weight threshold is rising from 3.5 tonnes to 4.25 tonnes from 1 April 2022 to support a wider range of heavy vehicles.
In total, the Government has committed £2.5 billion to vehicle grants and charging infrastructure to accelerate the transition to electric vehicles.
Fleets are slowly but surely embracing electric, with almost 6 in 10 UK fleet managers (59%) confident in building their fleet around electrification.