Home Business News Government invests £200 million to drive innovation and get more zero emission trucks on our roads

Government invests £200 million to drive innovation and get more zero emission trucks on our roads

by LLB Finance Reporter
19th Oct 23 5:02 am

More zero emission trucks are set to drive on UK roads thanks to a £200 million boost to decarbonise freight vehicles, drive innovation and create new jobs as part of a week of Government action to support the sector.

With heavy goods vehicles (HGVs) alone contributing 20% to all transport emissions across the UK, the £200 million in Government funding announced today will be invested across four innovative green projects to roll out up to 370 zero emission HGVs and help set road freight on the path towards net zero, driving innovation and creating new jobs.

Delivered in partnership with Innovate UK, the £200 million Government investment from the zero emission HGV and infrastructure demonstrator programme will also deliver around 57 refuelling and electric charging sites, providing the crucial infrastructure to help the haulage sector decarbonise.

Roads Minister Richard Holden visited Voltempo in Birmingham yesterday, one of the recipients of the £200 million, whose eFREIGHT 2030 project is set to create up to 200 new jobs by 2030 and provide Birmingham with one of the UK’s first electric vehicle charging hubs dedicated to HGVs.

The funding will help popular grocery companies such as Sainsbury’s and Marks and Spencer lower their transport emissions while protecting them from rising delivery costs associated with changing petrol and diesel prices. This could help prevent price hikes across supermarkets, allowing people to save money on food and groceries to help with the cost of living.

This funding comes as part of the government’s commitment to make the right long-term decisions for a brighter future. Decarbonising the freight sector is a key part of building a sustainable future for the industry and achieving our net zero commitments in a fair and pragmatic way which lowers costs, creates jobs and grows the economy.

Roads Minister Richard Holden said, “Freight and logistics are the beating heart of our economy and it is only right that we celebrate the sector so that it gets the recognition and support it deserves.

“From boosting zero emission tech across freight to attracting the future generation of talent to the industry, we are working hard to drive innovation, create jobs and grow the economy by building a brighter, more innovative future for one of our most crucial industries.”

Decarbonisation Minister Jesse Norman said, “The UK is at the forefront of the global transition to net zero, and today marks another important milestone to decarbonise freight, one of the economy’s most vital industries.

“That’s why I’m pleased to reveal that we’re investing £200 million to roll out 370 zero emission trucks, and a further £2.4 million to pioneer green tech through the Freight Innovation Fund, as we work closely with the sector to create new jobs, grow the economy and reach net zero by 2050.”

The measures come during a week of action from the Government, including Ministers visiting multiple freight stakeholders, to understand how the sector can continue to drive innovation and play a crucial role in creating new jobs, growing the economy and helping the UK get closer to net zero.

Richard Smith, Managing Director of the RHA, said, “We strongly welcome today’s announcement from the Government on the zero emission HGV and infrastructure demonstrator programme.

“The £200 million commitment Ministers are putting into this demonstrator significantly helps to de-risk the transition to Net Zero. The real-world demonstrators will answer many of the practical questions operators have and, in turn, give our members the confidence to invest in the zero emission lorries needed to drive down carbon emissions from our sector.”

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