UK: Over £400m investment in EV charging infrastructure
First £70 million investment will create 3,000 new rapid charge points, more than doubling the number of rapid charge points across the UK by 2024.
The UK Government announced more than half a billion pounds of investment in green technologies. The Treasury has launched a £400 million fund to bolster Britain’s electric vehicle charging infrastructure, with the first £70 million allocated for 3000 charge points – more than doubling the number across the UK to 5,000.
The UK already has one of the largest electric vehicle charging networks in Europe, and this investment will improve the network by installing state-of-the-art technology. A review is currently underway to explore the provision of charge points across major road networks, meaning drivers could charge their car whilst stopping for a coffee at a service station.
This investment complements £1.5 billion support to boost the uptake of electric vehicles and make cleaner vehicles more accessible to everyone. This is part of the Government’s ambition to end the sale of petrol and diesel vehicles by 2040.
A £31.5 million for research into pioneering technologies to remove greenhouse gases from the atmosphere was also announced, and £22 million to research new kinds of air pollutants and minimise their effects on public health.
