- 23 July 2018
- Transport / Logistics Services
The Request for Proposals (RFP) has opened for the UK government’s £400 million Charging Infrastructure Investment Fund.
The Charging Infrastructure Investment Fund is to enable charge point businesses to access funds to install more charging points as part of the push to encourage more people into electric vehicles.
This follows the publication of the Road to Zero strategy that set out the UK government’s plan to make at least half of cars on the road to be zero emission by 2030 with all new cars and vans to be zero emission by 2040.
Regarding the Charging Infrastructure Investment Fund, the Exchequer Secretary to the Treasury, Robert Jenrick, said: “We want the UK to be a world leader when it comes to the number of electric cars on our roads. Uptake is increasing and we want the opportunity to own an electric vehicle to be available to all.
“But crucial to encouraging the take-up of these cars across the country is increasing people’s access to charging points. We want to scale up at pace and ensure interoperability for ease of use.
“This fund is a vital step in our mission to change the way we travel, create new jobs and protect our environment for future generations.
“This builds on our ambitions set out in The Road to Zero to encourage new homes to be built with charging-points.”
The Chancellor of the Exchequer announced the £400m fund as part of his 2017 Budget. The fund is made up of £200m of government investment, which is to be matched by another £200m from the private sector.