UK Net Zero Strategy: further £620m allocated for EV grants and charging infrastructure
October 20, 2021 by Ryan Hirons
Car changing is a big deal
The UK Net Zero Strategy has been detailed, and includes huge boosts for EV adoption. Read on for full details.
- UK Net Zero Strategy laid out
- Includes additional £620 million to boost EV ownership
- Covers grants for new cars and improved charging infrastructure
- New zero-emission mandate for car manufacturers
- Part of a wider strategy to hit net-zero carbon emissions by 2050
A £620m cash injection is coming to support EV ownership as part of the new UK Net Zero Strategy.
That additional boost will cover grants towards the cost of new electric vehicles, as well as improving the country’s charging infrastructure — with a particular focus on on-street residential charging points.
Another £350m has been allocated ‘to support the electrification of UK vehicles and their supply chains’, though exact details have not been published.
The UK Net Zero Strategy is essentially the country’s roadmap to reach net-zero carbon emissions by 2050, and also includes measures to reduce the effect caused by heating homes as well as aviation, among other sectors.
Boris Johnson, UK Prime Minister, said: “The UK’s path to ending our contribution to climate change will be paved with well-paid jobs, billions in investment and thriving green industries – powering our green industrial revolution across the country.
“By moving first and taking bold action, we will build a defining competitive edge in electric vehicles, offshore wind, carbon capture technology and more, whilst supporting people and businesses along the way.”
A new zero-emission vehicle mandate (ZEV) for car manufacturers has been confirmed too. This will require them to sell an increasing percentage of zero-emissions vehicles from 2024 onwards.
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