All posts tagged: 120k

Plug-in Truck Grant slashes prices of electric lorries by up to £120k

Plug-in Truck Grant slashes prices of electric lorries by up to £120k

The UK Government is making electric lorries more affordable to help hauliers make the switch, while boosting growth and investment in the sector. Hauliers and fleet operators will access discounts of up to £120,000 on new electric lorries thanks to an additional £18m to increase the Plug-in Truck Grant until March 2026. The move is part of a £318m plan for green freight, which backs British businesses by slashing upfront costs on new lorries and helping them access lower running costs. This is all part of the government’s plan to reduce emissions while cutting costs, sparking growth and creating jobs as the sector moves to the technology of the future. How much will operators save on electric lorries? Similar to the government’s Electric Car Grant, which has saved over 45,000 drivers up to £3,750 when making the switch, the Plug-in-Truck Grant enables lorry operators to access savings of up to £120,000 when buying a new electric truck. New grant levels mean: Smaller trucks (4.25t to 12t) could save up to £20,000 Mid-sized trucks (12t to …