Electric Bike Loans Scotland

The scottish government through its subsidiaries transport scotland and home energy scotland is to offer interest free loans to residents to buy e bikes.

Electric bike loans scotland. Additional funding of 700 000 is available as interest free loans for people in scotland looking to buy an electric bike. The e bike grant fund will allocate 700 000 for local authorities public sector agencies community organisations colleges and universities to encourage large scale. Recently the scottish government announced details to offer interest free loans to residents of scotland via the energy saving trust. Transport scotland have made available 1 14m for round 3 of the ebike grant fund in 2019 20 to support the adoption of ebikes and ecargo bikes as an alternative to car journeys.

The scheme is aimed at getting working households and families on e bikes and out of cars and support of up to 6 000 is available. The low carbon transport loan fund will have 500 000 available for interest free loans of up to 3 000 to help individuals and businesses purchase e bikes and e cargo bikes. The fund can be used to cover the cost of ebikes etrikes ecargo bikes cargo. Extra 700 000 for scottish electric bike loan funding scheme.

The popularity of pedal assisted electric bikes or ebikes for short has been growing year on year. 1 3m for electric bike revolution in scotland two new funds are being announced to encourage more people to start using electric bicycles particularly for shorter journeys. They are a good alternative to a normal bike especially if your route includes hills is more than 5 miles long or if you need an extra boost on the road. The e bike grant fund is available to both businesses and individuals to boost the use of low carbon transport options including electric bikes and electric cargo bikes.

It can support up to two e bikes capped at 3000 each one family e cargo bike capped at 6000 or one adaptive e bike capped at 6000. Round four is available to assist local authorities public sector agencies further and higher education institutions active travel hubs and community groups to adopt ebikes as a sustainable alternative to car journeys. The scottish government wants to start an e bike revolution as it allocates more than a million pounds in funding for electric bicycles and pedal assist cargo bikes. Scotland electric bike loan scheme.

Scotland s government wants to encourage more people to swing a leg or two using an electric bike. The low carbon transport loan fund will have 500 000 available for interest free loans of up to 3 000 to help individuals and businesses purchase e bikes and e cargo. Applications are now invited from public and third sector organisations based in scotland to apply for grant funding to support the delivery of ebike and ecargo bike. Electric bikes if you are considering purchasing an electric bike there is additional funding available through the energy saving trust.

The money will be made available in form of loans and grants.