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£70 million to be spent on EV charging stationssupported by Grant Funding

By paulbarlow78, Apr 30 2013 08:45PM

The Secretary of State for Transport announced on 19th

February 2013 a new package of measures to support the

uptake of Plug-In vehicles in the UK. The government

committed £400 million to encourage the purchasing of full

electric and electric hybrid vehicles of which £37 million has

been directly allocated for the installation of tens of

thousands of EV charging points throughout the UK.

This £37 million represents approximately 60% grant

towards the installation of EV charging points which in effect

means that by the time the private sector has covered the

remaining 40%, a total of £62 million will be spent on

government-supported EV charging points by April 2015.

In addition, it is believed that a further £10 to £15 million

worth of privately-funded EV charging station installations

will take place during this period in order to satisfy planning

permission requirements and the anticipated demand for

accessible EV charging stations.

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