Grab your electric van grant while you can

The government has announced that £120m is available to drivers, cabbies and businesses who want to make the switch to electric vehicles. The money comes through the “plug-in van grant”, which has been extended for another twelve months to April 2026. Under the 2024/2025 electric van grant rules, the maximum saving for 3.5-tonne electric vans is £5,000, while the maximum reduction for smaller vans up to 2.5-tonnes is £2,500. This will now be extended to 2025/26. Heavier electric vans such as those with 4.25-tonne ratings and N categorisation continue to qualify for the small truck grant, which offers an incentive of up to £16,000, capped at 20% of the purchase price.

To qualify for the plug-in grant the electrified van must now meet the following standards: 60 miles or more of zero emissions driving range; less than 50g/km CO2 emissions.The plug-in taxi grant, due to run out in April, has not been extended. However, grants of up to £4,000 for the purchase of zero emission cabs are being made available. This is less than the £6,000 available until March 31, 2025. A grant of £500 is available for those purchasing new electric motorbikes.