Friday, 29 March 2024
Electric BikesInvestment and AcquisitionsNews

£1.2m e-Cargo bike funding made available for local authorities

From today, local authorities in England, Scotland and Wales are able to bid for up to £200,000 of funding from the Department for Transport’s (DfT) e-Cargo Bike Grant Fund Local Authority Scheme, delivered by Energy Saving Trust.

A total pot of £1.2 million has been made available, with the money able to be used to support up to 100% of the cost of e-Cargo bikes for local businesses and to fund e-Cargo bikes for use within local authority fleets.

Tim Anderson, Head of Transport at Energy Saving Trust, said: “As of December 2019, funding for over 450 e-Cargo bikes has been requested, half of which have been approved in grant offer letters to applicants. The new offering to local authorities is the first of its kind with up to £200,000 available to each successful authority.

It will enable further support and enable businesses across England in their efforts towards adopting low carbon transport solutions. E-Cargo bikes help reduce congestion and improve air quality while offering tangible fuel cost savings.”

The submission deadline for applications is 28th February 2020. Energy Saving Trust will assess applications in March 2020 with grant letters distributed by 30th April. Local authorities will have six months from the time the grant offer letter is issued to drawdown the funding.

Meanwhile, the e-Cargo Bike Grant Fund remains open for individual applications from organisations to apply for up to £1,000 per e-Cargo bike for a maximum of 200 e-Cargo bikes, and is available to limited companies, sole traders, partnerships, charities and not-for-profit organisations operating across England. Eligibility criteria for the funding can be found here.