This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print page

Deloitte comment on funding for electric cars

19 February 2013

Deloitte, the business advisory firm, comments on the £37m funding package announced by the Department for Transport for home and on-street charging for plug-in vehicles.

Ian Simpson, lead transport partner, said:

“The emergence of electric vehicles as a significant alternative to conventional vehicles is proving to be a slower process than many had hoped.

“The Government first announced its commitment and funding to stimulate the adoption of electric vehicles in 2009 and the Plug-in Car Grant, launched three years ago, has led to just over 3,000 grants of up to £5,000 towards the purchase of new electric vehicles. Only 11 car models are eligible for the grant.  

“This latest announcement is a further attempt to stimulate the adoption of vehicles by providing charging infrastructure. Although not new money, this and the continuation of the vehicle grant scheme could encourage the increasing use of electric vehicles.  

“We are clearly still some years away from the envisaged tipping point when electric vehicles become commonplace. This quiet revolution is one that will have to be delivered piece by piece.”

 Ends 

Note to editors:

About Deloitte
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.

Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities.

Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.

The information contained in this press release is correct at the time of going to press. 

Member of Deloitte Touche Tohmatsu Limited

Media contacts

Name:
Mark Smith
Company:
Deloitte
Job Title:
Phone:
020 7007 7082 / 07 590 041 301
Email
marksmith@deloitte.co.uk

Share this page

Email this Send to LinkedIn Send to Facebook Tweet this More sharing options
Follow:

Get in touch

More on Deloitte