A new £63 million initiative has been announced by the Labour government to supercharge the UK’s electric vehicle revolution, which is set to slash household electricity costs for EV owners.
The rule change is set to hit every home in UK without a driveway(Image: undefined via Getty Images)
A new rule change is set to impact every household across the UK without a driveway. It comes as the government has revealed a £63 million investment into Britain’s electric vehicle transformation, forming part of its Plan for Change.
The labour government has unveiled a fresh £63 million programme designed to accelerate the UK’s EV transformation. The initiative is set to to reduce household electricity bills for EV owners, with the government indicating potential annual savings reaching £1,500.
This is when contrasted with the costs of operating a petrol or diesel motor, as reported by Birmingham Live. This development is anticipated to transform the charging practices of thousands of families without private driveways.
A groundbreaking answer to pavement congestion, the rollout of pioneering cross-pavement technology will allow cables to be subtly installed underneath pavements.
This will establish a direct connection between houses and parked cars, enabling more households to take advantage of reduced domestic electricity rates, which could drop to as little as 2p per mile, regardless of whether they have their own driveway.
The Labout government has revealed a £63 million investment into electric vehicles(Image: Getty Images/iStockphoto)
AA president Edmund King commented: “There are more public chargers than people realise, but they are often hidden in plain sight.
“Increasing signs for the public network is vital to help the EV transition as it will create confidence for drivers both now and in the future.
“It is great to see more support for those without off-street parking so that they can also benefit from the EV revolution.”
Matas Buzelis, a motoring specialist at vehicle history platform carVertical, commented: “The EV is without a doubt the future so this move by the Government makes sense and should be applauded.
“Many people living in urban environments, especially in big cities, don’t have driveways and their dream of buying an EV often ends right there.
“If this initiative overcomes the practical hurdles of EV ownership and boosts the charging infrastructure, it’s a win for consumers and a win for the environment.”
Samuel Mather-Holgate from Mather and Murray Financial noted: “Until charging is quicker and easier, consumers won’t switch in the numbers needed to make a difference, which will incentivise manufacturers.”
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