The UK’s commercial vehicle fleet managers could be missing out on £2.6 billion in fuel costs by not switching to ultra-low emission vans.

New research by government-funded campaign ‘Go Ultra Low’ found nearly half of the 3.7 million vans on UK roads could save around £1,450 per vehicle every year compared to a diesel-powered van.

The government provides grants of up to £8,000 towards the purchase price of greener cars.

Hetal Shah, Head of the campaign said: “Ultra-low emission commercial vehicles make so much sense for operators large and small, particularly when you consider the massive fuel savings on offer and the opportunity to write-off the cost of the vehicle.

“Add to the mix lower maintenance fees and tax rates plus the potential for reduced whole-life running costs and they really do make a compelling option.”