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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 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."

  • Am I right in thinking that a business wouldn't be paying vat anyway so that grant is actually equivalent to 60% off RRP if you were to buy through a business?

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