Government Slashes Electric Lorry Costs by Up to £120,000
The UK government has announced a major new incentive for businesses looking to electrify their heavy goods vehicles (HGVs), cutting the cost of electric lorries by up to £120,000.
The move is designed to accelerate the transition to zero-emission freight, reduce operating costs for British businesses, and help the UK meet its net-zero emissions targets — while making electric lorries a realistic and financially viable option for fleets of all sizes.
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What Is the New Electric Lorry Grant?
Under the updated Plug-in Truck Grant, businesses purchasing eligible electric lorries can now receive significantly higher government support than before.
Key highlights include:
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Up to £120,000 off the purchase price of the largest electric lorries.
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Grants covering up to 25% of vehicle cost.
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Support available for small, medium and large electric HGVs.
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Funding aimed at reducing the upfront cost barrier of zero-emission trucks.
The government has confirmed that this support will remain in place until March 2026, giving fleets the confidence to invest.
Find out more on the UK GOV website.
Why the Government Is Supporting Electric Lorries
Heavy goods vehicles make up a relatively small proportion of vehicles on UK roads, but they account for a disproportionately high share of road transport emissions.
By encouraging businesses to adopt electric lorries now, the government aims to:
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Cut carbon emissions from freight transport.
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Improve air quality in towns and cities.
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Reduce long-term operating costs for businesses.
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Support UK innovation and green industry.
This announcement follows previous extensions to electric van and truck incentives, reinforcing the government’s commitment to decarbonising commercial transport.
What This Means for Fleet and Logistics Operators
1. Lower Upfront Costs
Electric lorries have historically carried a high purchase price. The new grants dramatically reduce this gap, bringing electric HGVs closer to — and in some cases below — diesel equivalents.
2. Reduced Running Costs
Electric lorries typically offer:
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Lower fuel costs per mile.
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Reduced maintenance requirements.
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Fewer moving parts and less wear.
Over the lifetime of a vehicle, total cost of ownership can be significantly lower than diesel.
3. Future-Proofing Against Regulations
With the UK planning to phase out new non-zero-emission HGVs from 2040, investing early helps businesses stay ahead of regulations and avoid last-minute transitions.
4. Cleaner Urban Operations
Electric lorries allow unrestricted access to:
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Clean Air Zones.
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Low Emission Zones.
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City centres with stricter environmental controls.
This is especially valuable for last-mile delivery, retail supply chains, and construction firms operating in urban areas.
Charging Infrastructure: A Critical Part of the Transition
While vehicle costs are falling, charging infrastructure remains a key consideration for businesses switching to electric lorries.
Most fleets will rely on:
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Depot-based AC charging for overnight top-ups.
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High-power DC charging for operational flexibility.
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Workplace and commercial charging solutions.
Using robust, high-quality charging equipment is essential for minimising downtime and ensuring reliable daily operation.
Preparing Your Business for Electric Lorries
If you’re considering taking advantage of the new grants, now is the time to start planning:
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Assess daily mileage and duty cycles.
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Review depot power capacity and grid connections.
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Plan scalable charging infrastructure.
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Train drivers on efficient EV driving practices.
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Source reliable charging equipment built for commercial use.
Power Your Fleet with EVwired
At EVwired, we support businesses and fleet operators transitioning to electric transport with reliable, high-performance EV charging cables suitable for commercial environments.
Why businesses choose EVwired:
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Heavy duty EV cables for every day use.
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IP55 weather-resistant design.
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7kW & 22kW Type 2 options.
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Own branded cables.
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Storage cases and protective caps included.
Whether you’re charging electric vans, trucks, or workplace EVs, EVwired cables are built for daily commercial use.
A Turning Point for Zero-Emission Freight
The government’s decision to slash electric lorry costs by up to £120,000 marks a significant milestone in the UK’s journey toward cleaner transport. For British businesses, it removes one of the biggest barriers to electrification and opens the door to a more sustainable, cost-effective future.
With financial support now firmly in place, electric lorries are no longer a future concept — they’re a practical option right now.
Ready to future-proof your fleet? Explore EVwired’s range of commercial-grade EV charging cables and prepare your business for the next generation of transport.
