Government launches fund to help retailers buy eCargo delivery bikes
Retailers exploring green last mile deliveries using e-bikes are set to receive help from the government, which has made £2 million in funding available.
The Department for Transport has made the funding available to limited companies, sole traders, partnerships, charities and not-for-profit organisations, to help them in the acquisition of electrically powered delivery bikes.
Its eCargo Bike Grant can cover up to 20 per cent of the total cost of a bike, up to a maximum of £1000 per bike with a minimum 125 litre cargo volume capacity, and a minimum 130kg weight capacity.
This comes as retailers begin to ramp up their investment in electric bikes as a last mile delivery solution.
Earlier this month grocery giant Co-op launched its first ever online delivery option, utilising eCargo bikes to deliver goods locally.
Last April its rival Sainsbury’s also launched a eCargo bike delivery trial, seeing five cargo bikes deliver up to 100 online orders a day to customers across South London.