MERYEM Brassington, Electrification Propositions Lead at Lex Autolease (pictured) said:
As momentum continues to shift away from petrol and diesel, investment in the UK’s charging infrastructure is mission-critical if we are to deliver on the ambitious Road to Zero targets. Today’s announcement is another strong signal of intent from policymakers to position the UK as a world leader in electrification. By ensuring the product supply and supporting charge network is in place, we can continue to help individual drivers and businesses accelerate their transition towards an electric future.
The Prime Minister has announced today (22 November) that all new homes and buildings such as supermarkets and workplaces, as well as those undergoing major renovation, will need to install electric vehicle charge points under new legislation, effective next year.
The Government says that the legislation will lead to a further 145,000 EV chargers, that will help both SME businesses and consumers choose zero emission electric vehicles.
The Government also announced today that, following a successful pilot with businesses, Innovate UK will deliver a new three-year programme of £150m in new flexible and affordable Innovation Loans to help British SMEs commercialise their latest R&D innovations. The programme will help support businesses to grow, scale up and create new highly-skilled jobs, particularly for those SME firms unable to secure private loan funding.