Spending Review confirms EV support
The Government has confirmed details of a package of measures to support electric vehicle (EV) charging infrastructure roll-out at multiple scales.
In the Chancellor’s Spending Review, extensions to the grant schemes targeting the home, workplace, and on-street EV charging sectors were confirmed, plus, extended schemes to target harder-to-electrify leaseholders and small and medium-sized enterprises.
In addition, £950m will be deployed to support rapid charging along the strategic and A-road networks and new funding has been made available for local authorities.
Responding to this news, Dr Nina Skorupska CBE, Chief Executive at REA, said: “The outputs of this Spending Review demonstrate that the government is closely listening to the needs of the EV charging sector.
“By confirming extensions to home, workplace, and on-street charging grants, providing extra funding to ensure grid connections along the strategic road network are ready for rapid charging hubs, and introducing targeted financial support for local authorities to deploy infrastructure, investors, developers, and drivers can be assured that the Government is committed to ensuring this sector grows at pace.
“The REA has been calling for exactly this package of support for the past few months and now is keenly looking to understand how some of these schemes will be rolled out and coordinated.”
“To ensure that new infrastructure spending as a whole is aligned with our decarbonisation ambitions, we are also calling for Treasury to introduce a ‘Net Zero Test’ to make sure all new Government investment aligns with our ability to achieve Net Zero. With the Government’s commitment to kick-start the economy in the wake of the COVID-19 pandemic, we need to ensure that stimulus spending and decarbonisation are advanced hand-in-hand.”