Grant levels for electric trucks increase until March 2026

News

The government has announced that the Plug-in Truck Grant will increase until March 2026, with discounts of up to £120,000 on new electric trucks.

This is due to an additional £18 million announced by the government, as part of a £318 million plan for green freight.

New grant levels means smaller trucks (4.25t to 12t) could save up to £20,000, which is up from £16,000. Mid-sized trucks (12t to 18t) can get up to £60,000 and larger trucks (18t to 26t) can receive up to £80,000. The largest lorries (26t and over) can get up to £120,000.

Minister for Aviation, Maritime and Decarbonisation, Keir Mather, said: "We’re backing British businesses to go green by making electric lorries more affordable, helping hauliers to make the switch whilst turbocharging growth, investment and jobs in the sector.

"Our proposals will provide the certainty the industry has been calling for so that Britain becomes the best place for green investment."

Alongside 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, giving industry the certainty it needs to invest and plan for the future.