Smart Transport

Budget 2020: Fast-charging infrastructure gets £500m boost

The Government has pledged £500 million over the next five years to support the rollout of a fast charging network for plug-in vehicles.

In the Budget announcement, the Government said access to high quality, convenient charging infrastructure is critical for drivers to make the switch to electric vehicles confidently.

It said the investment would ensure drivers will never be further than 30 miles from a rapid charging station.

This will include a Rapid Charging Fund to help businesses with the cost of connecting fast charge points to the electricity grid.

To target spending from this fund effectively, the Office for Low Emission Vehicles will complete a comprehensive electric vehicle charging infrastructure review.

Justin Benson, UK Head of automotive at KPMG, said: “The Government’s willingness to support clean vehicle technologies to improve air quality and the environment is important.

“While regulation is already in place for cleaner vehicles on the road, cutting taxes on these is the right way forward, particularly to boost consumer demand. This will also encourage car manufacturers to develop these cleaner technologies more quickly.

“Another boon for the sector is the £500m announced for car charging hubs, which should help to alleviate range anxiety for consumers interested in electric vehicles.

“However, whether this is new money – and not the £400m announced via the Industrial Strategy - remains to be seen. So watch this space, as more detail is needed.”



Comment as guest


Login  /  Register

Comments

No comments have been made yet.




Office Address
  • Smart Transport
    Media House
    Lynch Wood
    Peterborough
    PE2 6EA
Join the community
  • Smart Transport is the UK's most important brand to bring together senior public policy makers and influential private sector leaders to showcase real-time solutions aligned to government policy.
  •  
  • Find out more
  • Insight
  •  

 

Welcome to Smart Transport

Welcome to the Smart Transport website, keeping you up-to-date with the latest news, insight and reports from policymakers and thought leaders.

The Smart Transport brand connects policy to solutions by bringing national government and local authority policymakers together with private sector organisations.

Contact Lindsay Greatbatch for more information.

© Bauer Consumer Media Ltd
Media House, Lynch Wood, Peterborough, PE2 6EA - Registered number 01176085 IPSO regulated logo

 

Smart Transport members

Smart Transport board members

 

Please note:
By submitting any material to us you are confirming that the material is your own original work or that you have permission from the copyright owner to use the material and to authorise Bauer Consumer Media to use it as described in this paragraph. You also promise that you have permission from anyone featured or
referred to in the submitted material to it being used by Bauer Consumer Media. If Bauer Consumer Media receives a claim from a copyright owner or a person
featured in any material you have sent us, we will inform that person that you have granted us permission to use the relevant material and you will be responsible for paying any amounts due to the copyright owner or featured person and/or for reimbursing Bauer Consumer Media for any losses it has suffered as a result.