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Posted on the 25th February 2025 in PHTM News
ELECTRIC TAXI GRANT EXTENDED AS UK BOOSTS EV FUNDING
The UK government has pledged an additional £120 million to bolster the electric vehicle (EV) sector, with a focus on commercial and accessible transport.
A key component of this investment is the extension of the Plug-in Taxi Grant for another year, offering drivers a £4,000 incentive.
Effective from April 6, 2025, the grant aims to encourage the adoption of cleaner vehicles within the taxi industry. This move comes as part of a broader push to accelerate the transition to zero-emission transportation across various vehicle types, including vans and motorbikes.
Furthermore, the Department for Transport (DfT) has increased the cap on the Plug-in Wheelchair Accessible Vehicle Grant from £35,000 to £50,000. This adjustment is designed to expand the range of accessible EV options for disabled passengers.
"From van drivers and businesses, to drivers with accessibility needs, bikers and cabbies, today we are making it easier, faster and cheaper for people to switch to electric vehicles," stated Lilian Greenwood, Future of Roads Minister.
She added, "By making the transition to zero emissions a success, we’re helping to drive growth all over the UK, putting more money in people’s pockets and rebuilding Britain to deliver our Plan for Change."
LEVC commented: "Following on from the lobbying efforts of LEVC and its industry partners, the Government has confirmed its short-term commitment to extend the Plug-in Taxi Grant (PiTG) for a further twelve months at a level of £4,000 per new vehicle. While this does represent a disappointing reduction in funding, drivers can still make the most of the current £6,000 grant and additional LEVC retail offers in March ahead of the deadline.
"We hope that the forthcoming Taxi and Private Hire Action Plan refresh, due to be published by TfL in the coming weeks, will set the longer-term regulatory direction and policy intention needed to secure and build a strong future for the taxi trade in London and in cities across the UK.
"As always, LEVC will continue to play a key role in contributing to the UK’s decarbonisation goals through the TX, the world’s most advanced zero-exhaust emission capable taxi, designed, developed and manufactured in the Midlands at LEVC’s state-of-the-art Ansty facility."
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