UK Clean Growth Strategy Provides Major Funding for Uptake of EVs

The UK Government is to invest a major sum of money into its Clean Growth Strategy, with £1 billion of its overall £2.5 billion investment to be spent on supporting the uptake of green vehicles.

Low emission vehicles have grown in popularity considerably over the last few years but many people are still hesitant to make the switch due to concerns such as a higher initial investment and too few charging stations. In addition to providing support for the uptake of electric vehicles, the investment from the UK government will also be spent on developing a comprehensive charging network as well as research and innovation.

The introduction of the Automated and Electric Vehicles Bill will be particularly helpful for the Clean Growth Strategy since the new powers will mean that the Government will be able to ensure that the new charging points are implemented in the right way, including that they’re easy to access work seamlessly across the country.

Transport Minister, Jesse Norman said the following:

“The Clean Growth Strategy reinforces our clear commitment to reduce emissions across the UK and to end the sale of all new conventional petrol and diesel cars and vans by 2040.We are a world leader in ultra-low emission technology, spending £1 billion to support the uptake of these cleaner vehicles and the creation of one of the best charging networks in the world. Advances in low carbon transport technology can significantly boost economic growth and air quality, and we will continue to work with companies to maximise these benefits for all.”


Similar Posts