Electric Vehicle

U.K. government plans to invest 800 million pounds in new driverless and electric vehicles

Bloomberg has reported that the U.K. government has plans to invest more than 800 million pounds in new driverless and electric vehicles.


Recently the Queen in her speech in the Parliament stated that the government aims to make Britain a leader in electric and driverless vehicles and to deliver on that goal, the government is going to take a series of steps like:

  • Extend mandatory vehicle insurance to cover the use of automated vehicles
  • Set a target for almost every car and van to be zero emission by 2050
  • Allow government to require motorway service areas and large gasoline stations to install electric vehicle recharging points
  • Require a set of common standards for charging points so they can be used widely across all vehicles
  • Invest 200 million pounds in researching and testing driverless car infrastructure and 600 million pounds during the course of this Parliament in supporting the ultra-low emission vehicles, sums which had been previously announced

There were concerns regarding what would be the approach of Theresa May government towards environment after the Brexit but by announcing these steps she has allayed those fears. The steps have been welcomed by the businesses.


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