In order to encourage more motorists to consider ultra low emissions vehicles, the Government has announced a five-year investment with the industry worth £500 million.
Elements are already in place to help increase the number of electric and plug-in hybrids on the road, but this further investment starting in 2015 will look to compound efforts to reduce emissions in our towns and cities.
The £5,000 grant already on offer to motorists will be extended at a cost of £200 million to help drivers afford such cars, while an additional £32 million is set to be spent on an infrastructure that will help charge these vehicles when out and about. This includes placing rapid charging points that allow a plug-in car to be full-charged in as little as 20 minutes along all motorways and a-roads by 2020.
Meanwhile, a share of £35 million will be up for grabs for cities that create innovative low emission plans that will allow them to gain ‘Ultra Low City Status’. Local areas will also benefit from £50 million set aside for providing cleaner public transport.
This investment is also set out to create more jobs, with the UK’s research and development groups currently working on green car technology will be given £100 million to ensure the UK is at the forefront of ULEVs (ultra low emission vehicles). This money will go on ensuring current technology is as efficient as possible, whilst also giving research into the likes of fuel cells a head start.
Deputy Prime Minister, Nick Clegg, commented: “This major investment is there to make driving an electric car affordable, convenient, and free from anxiety about the battery running out, but it’s also about creating a culture change in our towns and cities so that driving a greener vehicle is a no-brainer for most drivers.”
We take great pride of the automotive industry in the UK and is worth about £11.2 billion to the economy, with a car rolling off of a production line every 20 seconds at a UK plant.
For anyone after more information about owning or running a plug-in hybrid or electric vehicle, the Government has also set up www.goultralow.com to provide such advice to motorists.