The Energy Saving Trust are offering grant funding for eCargo bikes provided by the Department of Transport. £400,000 has been made available by the Department for Transport in 2021/22 for the purchase of ecargo bikes, to support businesses switching to a sustainable transport solution.
An eCargo bike is an electrically assisted bike with a cargo carrying capacity (minimum 125 litres in this case) i.e. a large box or tray incorporated into the machine. One of the lowest carbon forms of transport.
Grant funding will be 40% of the gross cost (total amount including VAT) of each ecargo bike, up to a maximum of £2,500 for two-wheel models and £4,500 for three-wheel models.
Further details and application can be found via the EST website: https://energysavingtrust.org.uk/grants-and-loans/ecargo-bike-fund/
The application deadline is 14 December 2021.