THE BVRLA said it welcomed the government’s announcement today (15 March, 2022) that availability of the Plug-in Van Grant has been confirmed for an additional two years, extending to 2024/5.
Commenting on the news, BVRLA director of corporate affairs, Toby Poston said:
“This good news comes at the perfect time for the fleet industry as it struggles with rising operating costs and global shortage of electric vans.
“The two-year extension on the grant will enable van operators to plan their fleet upgrades with greater confidence.
“This prolonged van grant was a key pillar of the ‘Van Plan’ that the BVRLA launched last year and we are delighted that the Government has responded to our campaign.
“The electric van market continues to lag behind the electric car market and next year was not the time to remove this vital grant.
“As the funds available to support the transition to zero emission diminish, we support the government’s pragmatic steps to focus on sectors that need the most help in the build up to the 2030 phase-out.”
The BVRLA also welcomed today’s clarification on the continued ability of Class B licence holders to drive heavier electric vans up to 4.25 tonnes.
For more on the Plug-in Van Grant, read:
Plug-in Van Grant Given Two Year Extension
Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.