Funding for electric vehicles
To help support people with the move to an electric vehicle, the Scottish Government has a range of funding available. If you live in Scotland, find out if you’re eligible for a grant or loan to help you buy an electric vehicle or electric bike.
The Low Carbon Transport Loan
The Low Carbon Transport Loan (also known as the Electric Vehicle Loan) is an interest-free loan with a repayment period of up to 6 years. It is managed by the Energy Saving Trust, on behalf of the Scottish Government and currently offers drivers:
- up to £28,000 to cover the cost of purchasing a new pure electric vehicle
- up to £10,000 to cover the cost of purchasing a new electric motorcycle or moped
There’s also the option of a second hand electric vehicle loan which can be repaid over 5 years. It offers drivers:
- up to £20,000 to cover the cost of purchasing a used electric car
- up to £5,000 to cover the cost of purchasing a used electric motorcycle or moped
To apply for an electric vehicle loan, contact Home Energy Scotland on 0808 808 2282 or visit www.homeenergyscotland.org.
Charge point funding
If you have a driveway, you could get funding to help install a charge point for your electric vehicle. Not only is this convenient, but you could save money by charging your electric vehicle overnight when electricity is cheapest.
Grants of up to £300 are available for households, with an additional £100 for those who live in the most remote locations in Scotland. This grant is on top of funding of £350 from the Office for Zero Emission Vehicles (OZEV).
The interest-free eBike is repaid over 4 years and entitles households to:
- Two ebikes to the value of £3000 each
- One family cargo or ecargo bike to the value of £6000
- One adapted cycle (value assessed on a case-by-case basis)
TAKE ACTION STARTING NOW
To achieve net zero by 2045, we must take action now. Start here to find ways that you can make changes in your life at home and on the go.