Budget 2025: Incentives for cleaner heavy vehicles will cut carbon, costs, but more details needed
Cleaner heavy vehicles could help businesses cut emissions and running costs, but inducements must be significant enough to push adoption: observers
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- Incentive scheme for purchasing of low-emissions heavy vehicles
- Grant to co-fund electric vehicle chargers
- Electric heavy goods vehicles and buses to pay additional road tax component from 2026
UPCOMING moves to increase the adoption of cleaner heavy vehicles should help reduce pollution and allow businesses to save costs, said industry observers, though further details have yet to be revealed.
Deven Chhaya, partner for infrastructure advisory at KPMG, said that the initiatives are a “positive and necessary step towards decarbonisation”, but their effectiveness will depend on several factors.
He added: “While details are still forthcoming, the scheme appears to provide targeted support for the logistics and transport industries to accelerate large-scale fleet electrification.”
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