The Low Carbon Transport Business Loan aims to support licensed taxi drivers in Scotland who want to reduce the carbon impact and fuel costs & switch to a more sustainable TX electric taxi.
Licensed hackney carriage drivers in Scotland can apply for an interest-free loan to cover the cost of purchasing a new TX. These loans are funded by Transport Scotland (an agency of the Scottish Government) and have a repayment term of up to 6 years.
Charging your electric taxi couldn't be easier, especially as ChargePlace Scotland - the growing national network of public EV charge points - are currently offering free electricity when charging through the majority of their network.
Plus you could receive extra help to install a charger at home. An additional £300 (over and above that covered by OLEV) is available from Home Energy Scotland, regardless of whether you are taking the interest free loan, toward the installation costs of a home charger for your taxi.
All applications should be completed and received by Energy Saving Trust by the beginning of March 2019 in order to be processed by the end of March 2019 when the programme expires.
Don't miss out - this initiative is finite and further funding once this expires has not - and may not be - confirmed.
In the first instance, please complete the form above to register your interest. Your details will be passed to a specialist Transport Advisor in your area to organise a Sustainable Transport Review (STR). Only when the need for and benefit of the sustainable transport measures have been identified in a STR will you be eligible for a business loan and able to submit your application.
*Free charging at selected points is not indefinite. Contact ChargePlace Scotland for further details.