The sales volume of electric cars enjoyed a record jump in the last three months according to the latest Government figures.
The UK Government Plug-in Car Grant, which reduces the price of ultra low emission vehicles (ULEVs) by up to £5,000 for cars and £8,000 for vans, saw more than 5,000 successful applicants between July and September this year. This figure is more than double the number than in the previous 3 months, and accounts for almost a third of all grants awarded since the scheme was launched in 2010.
There had been a steady rise in the sales of ULEVs, with the Government aiming for these to account for 100 per cent of new vehicles sold in the UK by the year 2040. The Plug-in Car Grant is one measure implemented to stimulate the growth of ULEVs, with the industry set to benefit from a further £500million of Government funding over the next five years.
Transport Minister Baroness Kramer said: “This growing confidence helps the UK strengthen its position as a global leader in developing green technology. Expanding this sector is also creating thousands of jobs and contributing to Britain’s thriving £11 billion automotive industry, and encouraging more investment in the UK – a key part of this government’s long-term economic plan.”
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