Question reference: S6W-14428
- Date lodged: 27 January 2023
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Current status: Answered by Jenny Gilruth on 6 February 2023
Question
To ask the Scottish Government, further to the answer to question S6W-09982 by Jenny Gilruth on 16 August 2022, how much funding is currently available in the current financial year to help purchase (a) new and (b) used electric vehicles through interest-free loans.
Answer
The Scottish Government's Used Electric Vehicle Loan provides interest free loans to help individuals and businesses make the transition to electric vehicles. Energy Saving Trust deliver this scheme on behalf of Scottish Minister, and publish loan statistics on their website, details of which can be found here: Grants and loans to help you travel greener - Energy Saving Trust .
As of 12 January, Energy Savings Trust have issued 624 loans to a value of £15,763,144 and have also offered an additional 398 loans worth £10,623,147. This represents a total commitment of £26,376,291 from a £30m budget for the 2022-23 financial year.
In line with our commitment to widening access to electric vehicles, the loan supports the purchase of used electric vehicles. Sectors such as Taxis and Private Hire may access the loan to purchase new vehicles, but no specific loan funding is set aside for new vehicles.