UK businesses considering electric vans have received a welcome boost. The Plug‑in Van Grant has been officially extended until April 2027, giving fleet operators the opportunity to save up to £5,000 on new zero‑emission vans and plan fleet upgrades with greater confidence.
For companies running light commercial vehicles, this extension makes switching to electric simpler, more affordable, and far easier to plan.
What is the Plug‑in Van Grant?
The Plug‑in Van Grant is a UK Government incentive that lowers the cost of new electric vans by applying a discount at the point of purchase. There’s no claim process to manage, the saving is applied automatically through approved manufacturers and dealers.
Businesses can receive:
- Up to £2,500 off small electric vans
- Up to £5,000 off large electric vans
When combined with leasing, this can substantially reduce monthly running costs.
Why the extension matters
With the grant now confirmed until April 2027, businesses can:
- Plan electric van adoption around existing replacement cycles
- Avoid rushed decisions caused by short‑term deadlines
- Commit to electrification with greater financial certainty
This long‑term clarity is particularly valuable for fleet managers making multi‑year investment decisions.
Lower costs with electric van leasing
The Plug‑in Van Grant directly reduces the cost of the vehicle, which means:
- Lower monthly lease payments
- Predictable budgeting
- No concerns around EV resale values or battery depreciation
Leasing enables businesses to adopt electric vans with minimal risk while benefiting from the latest technology.
Is your fleet a good fit for electric vans?
Electric vans are especially well‑suited to:
- Tradespeople and contractors
- Delivery and service fleets
- Businesses operating in towns and Clean Air Zones
- Fleets with predictable daily mileage or overnight parking
Many businesses choose a phased approach, starting with a few vehicles before expanding further.
Take advantage of the grant while it’s available
With funding secured until 2027, now is the ideal time to assess which vehicles in your fleet could switch to electric and how much the grant could reduce your costs.
At TCH Leasing, we help businesses access grant‑eligible electric vans and build cost‑effective leasing solutions tailored to their fleet.
Contact TCH Leasing today to see how much you could save with the Plug‑in Van Grant.