Government Must Invest More For EVs to Succeed, Says Industry

The Government’s announcement that it will help fund on-street EV charging points has been broadly welcomed by the industry, but behind the headlines there is a rumble of discontent. Regulatory action is also required to accelerate the EV revolution that must come.

As ever, SMMT Chief Executive Mike Hawes has put it clearly and forthrightly, saying: 

“The automotive industry is putting zero-emission vehicles on Britain’s roads at pace beyond all forecasts, such is the choice and appeal of these new models. 

“A well-designed, flexible regulatory framework could help maintain or even increase this pace to ensure we deliver on our shared decarbonisation ambitions.

“Consumers need choice and encouragement, irrespective of where they live or what they drive. The additional targeted funding for electric vehicles is welcome and will help ensure affordability for certain models. To ensure we have the reliable, accessible and nationwide chargepoint network this transition needs, however, requires a similar regulatory approach.

“The announcement of additional funds for on-street residential charging must energise much-needed private sector investment but consumers will only have confidence in the future if there are commensurate and binding requirements on the infrastructure sector. Combining regulatory commitments with financial ones is the key to a successful transition to zero-emission road transport.”