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Electric Vehicle Revolution Needs Revving Up
The charge towards the electric vehicle revolution needs to speed up if it is to reach capacity targets in time for the 2030 deadline.
The Policy Exchange Think Tank found installation rates of charging points need to increase five-fold if they are to be ready for the Government’s imposed 2030 timeline, when new petrol and diesel vehicles will be banned from being sold in the UK.
The Think Tank released a study looking at what is required to deliver a comprehensive EV charging network, finding the 7,000 a year average for installation of charging points insufficient. This needs to be ramped up to 35,000 a year over the next decade.
With a requirement for 365,000 additional charge points on top of current levels, the race is on to ensure the infrastructure matches the ambition of government.
With that in mind, Transport Secretary Grant Shapps announced the allocation of £20m in funding, which could support the doubling of on-street charging provisions to nearly 8,000.
He said; “From Cumbria to Cornwall, drivers across the country should benefit from the electric vehicle revolution we’re seeing right now.
“With a world-leading charging network, we’re making it easier for more people to switch to electric vehicles, creating healthier neighbourhoods and cleaning up our air as we build back greener.”
This action is part of the Ten Point Plan established to achieve electric vehicle targets, with £1.3bn set to be invested in infrastructure over the next four years.
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