London mayor Sadiq Khan has doubled the value of his van scrappage scheme, which will rise to £7,000 or £9,500 for those switching to electric vans.
The increased funding will enable more van owners to switch to cleaner vehicles, while helping businesses prepare for the expansion of the Ultra-Low Emission Zone (ULEZ) up to the north and south circular next year. The eligibility for the van scrappage scheme has been broadened so that more businesses can benefit. Previously firms with fewer than 10 employees, defined as micro businesses, were eligible. Now small businesses, those with 50 or fewer employees, are also included.
The Mayor has also promised to extend the scheme to small businesses operating HGVs. Transport for London (TfL) is finalising the details of the scheme, but it is expected that it will be in the form of a grant of around £15,000 for each polluting heavy vehicle, up to a maximum of three vehicles.
The BVRLA continues to work with TfL to improve accessibility to the grants for operators wanting to rent or lease vehicles.
More information on the Mayor of London website.
See the BVRLA’s recent Fleet Sustainability Credentials showing the cleaner credentials of rental and leasing.
