UK government’s £400m plan to build EV charging infrastructure delayed

UK government’s £400m plan to build EV charging infrastructure delayed

The implementation of UK government’s £400 million plan pertaining to the construction of charging points for electric vehicles (EVs) has apparently been hit by delays. The plan was proposed in 2017, but the government has not yet commenced the initial processes to hint at the ambitious plan being implemented.

Under the plan announced in the autumn budget, the Treasury had proposed £400 million fund for developing EV charging infrastructure, in an evident move to support the adoption of zero-emission vehicles.

According to the announcement by the Treasury, 50% of the proposed £400 million fund was to be raised from the taxpayers, while the remaining 50% was to be arranged from the private sector.

But, even though it has been nearly six months since the plan was announced, the government has yet to begin the process of securing the proposed funding. In fact, it has come to light that there has been no initiation by the government regarding the recruitment process for an official to undertake the responsibility of raising an amount of £200 million from private investments.

With regard to the delay in implementing the plan, Robert Jenrick, a junior Treasury minister, said in a written parliamentary answer that the government is in talks with the private sector for effectively setting up the fund; and added: “We expect to launch the procurement for the private sector fund manager in summer 2018.”