Electric Vehicles: Finance
The question
To ask the Secretary of State for Transport, if she could publish a breakdown of the Government's £4.5 billion spend on the transition to electric vehicles by (a) scheme and (b) year.
Answered by Lilian Greenwood
The Government is investing over £4.5 billion to help industry and consumers transition to zero emission vehicles.
Following the Spending Review, the Government committed £1.8 billion in investment to decarbonise road transport from 2026-27 to 2029-30. This includes £1.4 billion to support the continued uptake of zero emission vehicles, including vans and HGVs, and £400 million to support the rollout of charging infrastructure. The £400m includes funding for charging along the strategic road network in England, charging infrastructure to facilitate the deployment of zero emission vans and HGVs, and existing grants.
In financial year 2025/26, £320m was made available at the Autumn Statement in 2024 to support investment in charging infrastructure and the uptake of zero emission vehicles. A further £2.5 billion has been made available to industry through the DRIVE35 programme.
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