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Home News Funding for the fleet

Funding for the fleet

picture of money

THE Scottish Wholesale Association (SWA) is inviting its wholesale members to join a funding bid to replace their HGVs for electric and hydrogen powered alternatives.

In partnership with its affiliate member Urban Foresight, the SWA has encouraged fleet operators of 40-44 tonne HGVs to join a consortium that is submitting a funding bid to Innovate UK and the UK Department for Transport’s latest funding competition.

If successful, the consortium will receive £140 million to go towards swapping its members’ fleets of HGVs with electric powered or hydrogen fuel cell vehicles.