Volvo’s electric trucks qualify for UK plug-in grant

Volvo Truck's FH Electric and FM Electric tractor units now qualify for the UK's £25,000 plug-in grant. There are 100 large truck grants available across the market per financial year. After that, the subsidy is reduced.

That means the next batch will become available on April 1st. Businesses, organisations or individuals can receive the full subsidy for up to five low-emission vehicles per year.

Once the 100 large truck grants are paid out, the UK offer 250 more grants of up to £16,000. At that rate, businesses, organisations, and individuals can even get up to ten grants. “After that limit is reached, the maximum a company, organisation or individual can apply for is £5,000, subject to the 1,500 grants per customer limit,” Volvo explains in its press release.

“We ended last year with more than 250 electric truck orders secured for the UK and Irish markets. With the grant now extended to include the FH and FM Electric, there’s an extra incentive for UK fleets to begin the transition,” says Hannah Mayo, Director of New Vehicle Sales, Volvo Trucks UK & Ireland. “Plus, with the grant scheme soon resetting for the new financial year, it’s the perfect time to be preparing applications.”

The Volvo FL Electric 4×2 rigid and the FE Electric 6×2 rigid previously qualified, making Volvo the first truck manufacturer in the UK to have four models on offer that qualify for the above-mentioned subsidies.

volvotrucks.co.uk