The Government’s National Productivity Investment Fund (NPIF) will invest a further £390 million by 2020-21 to support ultra-low emission vehicles (ULEVs), renewable fuels, and connected and autonomous vehicles (CAVs).
This includes £80 million for ULEV charging infrastructure, £150 million in support for low emission buses and taxis, £20 million for the development of alternative aviation and heavy goods vehicle fuels, and £100 million for new UK CAV testing infrastructure.
It means British transport is set for a significant low-carbon boost in a bid to drive a green transport overhaul.
A particular focus will be put on the development of driverless cars, renewable fuels and energy-efficient transport as the UK looks to boost its low-carbon vehicle transition, the Department said.
The funding boost for EV charging points is the latest in a series of private and public sector pushes towards transferring to a EV-based automotive future. The DfT announced last year plans to increase the convenience and availability of EV charge points.
Poppy Welch, head of Go Ultra Low, the Government-funded campaign to promote the use of electric and hybrid vehicles, said: “The £80m investment in charging infrastructure is vital as growth in the UK electric vehicle market continues to accelerate.
“This is fantastic news for motorists and the continuation of incentives for plug-in vehicles through company tax and salary sacrifice schemes will give thousands more people the option of choosing the very lowest emitting cars and allow more businesses to benefit from adding electric vehicles to their fleets.”