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Government Pledges £106M to Boost Electric Vehicles

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Government Pledges £106M to Boost Electric Vehicles

It was announced this week that Prime Minister Theresa May has vowed to invest more than £100m to develop zero-emission vehicles in the UK.

 

Anyone that doubts that electric vehicles aren’t or won’t be the future of motoring will be hard pressed for argument when so many countries and manufactures are on the electric way of thinking.

 

Theresa May has made no secret that she’d like the UK to be a leader in green technology and this was further cemented at the recent Zero Emission Summit in Birmingham.

 

The Prime Minister hopes that the £106m investment will aid in the research and development of new battery and hydrogen technology albeit admitting that it would be a ‘ambitious mission’.

 

The Road to Zero Strategy issued by the Government sets out a global comprehensive plan that details how the UK will reach their intended target for all cars and vans to be effectively zero-emission by 2040. The plan details the design and use of infrastructure required for more environmentally friendly vehicles in the hope of reducing damaging global warming emissions.

 

The plan also involves the input of countries such as Germany, the united States, Spain, India, Japan and china in terms of supply and hopes that the initiative to increase the flow of supply and deployment of green vehicles is adhered to.

 

If you’d like to follow in the move towards a greener vehicle, Short Term Leasing can help. Call the team today and ask about the range of electric and hybrid vehicles we currently have available or complete the form below and a member of the team will get back to you as soon as they can.

 

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    Short Term Car Leasing Ltd t/a Cocoon Vehicles Ltd (06113683) is authorised and regulated by the Financial Conduct Authority (711074). We act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations.

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