£300m boost to UK Electric Insfrastructure to help switch to Electric Vehicles

May 24, 2021 | Environment, Technology, Transport | 0 comments

Home  >  £300m boost to UK Electric Insfrastructure to help switch to Electric Vehicles

Ofgem has today approved a £300 million investment to help re-wire Britain as part of a wider project for safe, secure and clean energy and speed up projects across Britain’s power-distribution networks.

This latest investment will support over 3,500 new electric vehicle charging ports across the UK Motorway network and in towns & cities. This will triple the number of charging points in motorway service stations and trunk roads.

Jonathan Brearley, chief executive of Ofgem said:

“This £300 million down payment is just the start of building back a greener energy network which will see well over £40 billion of investment in Britain’s energy networks in the next seven years.

“The payment will support the rapid take up of electric vehicles which will be vital if Britain is to hit its climate change targets. Drivers need to be confident that they can charge their car quickly when they need to. We’re paving the way for the installation of 1,800 ultra-rapid charge points, tripling the number of these public charge points. Drivers will have more charging options for longer journeys.”

There are currently over half a million electric cars on Britain’s roads and this huge increase in the network capability will remove the barriers for people having easy access to rapid charge technology.

We’re starting to see more fully-electric commercial vehicles being released, with the likes of the Fiat e-Ducato having a range of up to 230 miles it seems to be becoming much more viable for businesses to make the switch to electric for their fleet.

Read more about the investment in the Ofgem press release:

https://bit.ly/34a7doy

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