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I read it as a maximum grant value of £2.5k. I.e. if you bought a cargo bike up to £6.25k you would still get 40% off.
deleted-
Yeah it’s this not a £2.5k e bike, the last one was only 20% up to £1k so this is an improvement
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I read it as a maximum grant value of £2.5k. I.e. if you bought a cargo bike up to £6.25k you would still get 40% off.
I think you may be right, though the wording seems ambiguous (to me):
"Grant funding will be 40% of the gross cost (total amount including VAT) of each ecargo bike, up to a maximum of £2,500 for two-wheel models and £4,500 for three-wheel models."
VeloSurMer
Nick_S
The scheme seems like a nice idea to promote their use, but what kind of two-wheeled e-cargo bike can one buy for a maximum of £2,500?