Britain Announces $140 Million E-Mobility Push

New funding of more than £100m ($140 m) to develop e-mobility vehicles has been announced by UK PM

British prime minister Theresa May told the Zero Emission Vehicle Summit in Birmingham on Tuesday she wanted Britain to be ‘a leader in green technology’.

The £106m funding boost will also cover research and development for new battery and hydrogen technology.

The prime minister said the government had an “ambitious mission”.

“Our Road to Zero Strategy is the most comprehensive plan globally – mapping out in detail how we will reach our target for all new cars and vans to be effectively zero-emission by 2040,” she said.

“These measures will drive the design, use, uptake and infrastructure necessary for cleaner, greener vehicles – and in doing so, it will help us drastically reduce a major contributor to our global warming emissions.”

May added: “We are investing in the design, development and infrastructure needed to speed up the uptake of green vehicles. We are providing £1.5 billion for ultra-low-emission vehicles by 2020, and creating a £400 million fund to invest in the roll-out of charging point infrastructure, in partnership with industry.

“We have legislated to ensure charge points can be easily accessed. We will consult on the introduction of green number plates – and how they might be used to promote clean vehicles and increase their use. We are also providing a £2 million grant for e-Cargo bikes, creating a zero-emission option for last mile deliveries.

“And today we have provided over £100 million of funding for innovators in ultra-low-emission vehicles and hydrogen technology. With a further £500 million of investment from key industries in this sector, creating over 1000 jobs across the UK.”

We have provided over £100 million of funding for innovators in ultra-low-emission vehicles and hydrogen technology. With a further £500 million of investment from key industries in this sector, creating over 1000 jobs across the UK

May said governments, industry, innovators from around the world need to work together to transform the development of the zero-emission vehicles market.

The British prime minister was also holding round-table talks on developing the zero-emissions market and attracting more foreign investment to the UK at the summit. The talks involve supply-chain companies from Germany, the US, Japan, China, Spain and India.

During the discussions she set out the government’s plan for all new cars and vans to be zero emissions by 2040.

The first signatories to the so-called “Birmingham deceleration” include Italy, France, Denmark, the UAE, Portugal, Belarus and Indonesia.

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