The DfT is to launch a £2m fund to help businesses purchase e-cargo bikes. The fund will contribute 20 per cent towards the purchase price of new bikes up to the first £5,000 purchase cost – i.e. a maximum grant of £1,000 per bike. Funding will be conditional on businesses following a code of cycle safety good practice. The DfT is also setting aside £100,000 to build capacity in the industry and is exploring opportunities to encourage commercial leasing of the...
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