Ultra low carbon cars given £500m funding boost

The investment, taking place between 2015 and 2020, will focus on four initiatives designed to increase the uptake of ULEVs, encourage innovation and create jobs.

Local authorities are being encouraged to compete for a share of £35m aimed at projects to make ULEV ownership more attractive in towns and cities. Another £50m will also be available for local areas to invest in cleaner taxis and buses.

A further £32m is being invested into charging infrastructure, including plans to install rapid chargepoints across the ‘M’ and ‘A’ road network by 2020.

Car grants of £5,000 off the upfront cost of ULEVs will be extended, and £100m is earmarked for further research and development in low carbon technologies for the automotive industry.

In a statement Nick Clegg, deputy prime minister, said: ‘This major investment is there to make driving an electric car affordable, convenient, and free from anxiety about the battery running out. But it’s also about creating a culture change in our towns and cities so that driving a greener vehicle is a no-brainer for most drivers.