You are reading a single comment by @Nick_S and its replies.
Click here to read the full conversation.
-
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."
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.