EV leasing firm teams up with TfL for ULEZ scrappage scheme

EV leasing firm DriveElectric is working with Transport for London (TfL) to offer micro-businesses and charities a switch to pure electric vehicles under the Mayor of London’s new Van Scrappage Scheme.

Launched earlier this year for the Ultra-Low Emissions Zone (ULEZ) in London, the Mayor of London’s Van Scrappage Scheme gives eligible drivers financial support to help them switch to a lower emissions model using grants of up to £6k per vehicle.

Businesses can also apply for the grants to scrap up to three older, more polluting, vans and switch to an electric van on offer from DriveElectric. The scheme could see DriveElectric put over 200 electric vans into the capital, taking over 2 million polluting miles off London’s roads each year.

Anyone driving into London’s ULEZ every working day with an older diesel van faces a bill of £480 each month for congestion and ULEZ charges, however if they choose to scrap the vehicle it will be replaced by a pure electric Renault Kangoo ZE Maxi van on a lease costing £99 (+VAT) per month, which is free from ULEZ or London Congestion Charges.

DriveElectric says the switch could save businesses over £6.5k per van in costs a year.

Mike Potter, MD of DriveElectric said: ‘Reducing vehicle emissions should be high on everyone’s agenda.  It is so important to get as many zero emission vehicles on our roads as possible and it is now achievable.  The Mayor of London’s van scrappage scheme will help us bring more fully electric vans within easy and affordable reach of thousands of businesses across London.

‘With this initiative’s support it’s now possible for us to provide vehicles to London businesses from under £100 per month. The savings in fuel, vehicle maintenance, Congestion and ULEZ charges already combine to make going electric in London an irresistible proposition.

‘With the additional support of the van scrappage scheme we hope more and more businesses will agree it’s time to go electric ‘

Last month, Sadiq Khan opened a second ULEZ scrappage scheme which is targetted towards low-income and disabled motorists.

Motorists can apply for a £1,000 for scrapping a motorcycle or moped and £2,000 for scrapping a car.

Alongside this, eligible applicants will be able to take advantage of benefits such as one year’s free membership of Santander Cycles for all journeys up to 30 minutes.