UK sets out a plan to become the world leader in electric vehicles

  • There are currently more than 150,000 ultra-low emission vehicles on British roads.
  • The strategy sets out a target that at least 50 percent of new car sales be ultra-low emission by 2030.

The British government has unveiled a plan that it hopes will make the country a world leader in electric vehicles.

The Road to Zero Strategy contains a series of proposals to help increase green infrastructure, cut vehicle emissions and “drive the uptake” of zero-emission vans, trucks and cars, the government said in a statement Monday.

The strategy sets out a target that at least 50 percent of new car sales — and “up to” 40 percent of van sales — be ultra-low emission by 2030. The government added that it had already made a commitment to invest £1.5 billion ($2 billion) in ultra-low emission vehicles by the year 2020.

Other measures include plans to install charge points in newly-built homes and lampposts, the launch of a £400 million Charging Infrastructure Investment Fund and a new £40 million program to develop and trial “innovative, low-cost wireless and on-street charging technology.”

Additionally, electric vehicle owners would be provided with as much as £500 to help them install a charge point at their home.

Read more: CNBC

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