£40m Govt investment aims to encourage electric car uptake

The Government has announced a further £40 million in funding for infrastructure to encourage more people to buy electric or hybrid cars.

The cash from the Go Ultra Low City Scheme will be shared among projects in Nottingham, Bristol, Milton Keynes, London, the North East, Oxford, Dundee and York.

Encouragement from the Government in the form of grants and investment to provide more charging points is helping to boost the popularity of electric vehicles. If you are considering stocking electric cars or expanding your services to repair them, check you have the correct levels of motor trade insurance and road risks insurance to cover the work.

Electric car sales and repairs is a growing market. According to the Society of Motor Manufacturers and Traders' (SMMT) figures for 2015, sales of alternatively fuelled vehicles hit 72,775 last year, a jump of 40 per cent on 2014.

The Government has set a target that five per cent of new car sales, or around 100,000, should be ultra low emission vehicles by the end of the decade.

The Government's £40 million investment went to cities with bids for schemes to encourage more uptake of low emission vehicles, including more and better charging points, to facilitate this goal.

Transport Secretary Patrick McLoughlin said there had been a number of “exciting, innovative ideas” among the bids that will help to make the move from petrol or diesel fuelled vehicles to electric ones easier.

He said: “I want to see thousands more greener vehicles on our roads and I am proud to back this ambition with £40 million to help the UK become international pioneers of emission cutting technology.

“The UK is a world leader in the uptake of low emission vehicles and our long-term economic plan is investing £600 million by 2020 to improve air quality, create jobs and achieve our goal of every new car and van in the UK being ultra-low emission by 2040.”