UK Gov Cuts Electric Lorry Costs, Saving Firms £120k

UK Gov

We're making electric lorries more affordable to help hauliers make the switch, while boosting growth and investment in the sector.

  • £18 million to slash up to £120,000 off the cost of green lorries, making it cheaper for businesses to go electric
  • part of £318 million green freight investment to cut costs for industry and reduce emissions, delivering on the government's promise to boost growth and support jobs
  • government launches consultation on roadmap to phase out sales of new non-zero emission HGVs, giving industry certainty to plan for zero emission by 2040

Hauliers and fleet operators will access discounts of up to £120,000 on new electric trucks thanks to an additional £18 million announced by the government today (6 January 2026) to increase the Plug-in Truck Grant until March 2026.

The move is part of a £318 million plan for green freight, which is backing British businesses by slashing upfront costs on new lorries and helping businesses to access the 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.

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