The Energy Saving Trust is encouraging applications for a new £2million fund set up by the Department of Transport, UK, to help companies invest in electric cargo bikes to fulfill last mile deliveries. For more information see the IDTechEx report on Micro EVs, e-Bikes, e Scooters, e Motorbikes, Mobility for Disabled 2018-2028.
The eCargo Bike Grant Fund is now live and available to limited companies, sole traders, partnerships, charities and not-for-profit organisations operating across England. It comes as there is increasing interest in electric bikes to facilitate short-distance deliveries, with supermarkets among those already embracing the technology.
The funding available is conditional on recipients signing up to a robust code of practice developed in association with the UK Cycle Logistics Federation and the Bicycle Association and includes cycle safety best practice.
"Funding to support the adoption of ecargo bikes by businesses in England and enable low carbon Last Mile Delivery across the country is a positive step in improving local air quality, tackling road traffic congestion, and reducing transport operating costs. Applicants can benefit from grant funding for up to 20% of the cost of a new ecargo bike up to the value of £1,000 per bike." said Matthew Eastwood, Head of Transport at Energy Saving Trust.
Department for Transport's Cycling and Walking Minister Jesse Norman said: "This new fund for ecargo bikes will help to cut congestion, improve air quality and encourage companies to play their part in creating a cleaner, greener future. Supporting more sustainable deliveries is just one of the positive steps this government is taking towards a zero emission world."
eCargo Bike Grant Fund
Funded by the Department for Transport, the £2M eCargo Bike Grant Fund is available to limited companies, sole traders, partnerships, charities and not-for-profit organisations. Public, community or third sector organisations are also eligible providing they meet the eligibility criteria. eCargo Bike Grant funding covers up to 20% of the total cost of an ecargo bike, up to a maximum of £1,000 per bike. To be eligible for funding, an ecargo bike must have minimum 125 litre cargo volume capacity and minimum 130 kg weight capacity (combined rider and cargo weight).
Source and top image: Energy Savings Trust
Learn more at the next leading event on the topic: Business and Technology Insight Forum - Novi June 2019 on 10 - 12 Jun 2019 at Novi, Michigan, USA hosted by IDTechEx.