Labour scraps 950m EV rapid charging fund, redirecting 400m to on-street chargers
Briefly

The UK government has discontinued a £950 million electric vehicle charging fund initially proposed by the Conservative party, reallocating £400 million towards urban, on-street charging infrastructure aimed at underprivileged areas. This change marks a strategic pivot from a motorway-centric charging expansion, originally envisioned to enhance rapid charger availability at service stations. Concerns over the previous fund's execution and market shifts prompted this decision, alongside a significant growth in existing public charging points across the UK. Industry experts have differing opinions on this new direction, highlighting the ongoing evolution in the EV market.
The move marks a significant shift in the UK's EV rollout strategy, prioritising urban, residential charging access over the motorway-focused approach envisioned under the original Rapid Charging Fund.
The rapid charging fund was designed to support the rollout of charging infrastructure on motorways and major A roads - but the previous government did not set out detailed plans to deliver this.
Read at Business Matters
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