Electric Vehicles: Finance
The question
To ask the Secretary of State for Transport, pursuant to the answer of 30 March 2026 to Question 123507 on Electric Vehicles, where the remaining amount of the committed £7.5 billion funding will be spent.
Answered by Keir Mather
The Government is investing more than £7.5 billion in the transition to zero emission vehicles, as follows:
£4 billion on DRIVE35 to support zero emission vehicle manufacturing and R&D in the UK, to 2035.
£2 billion on the Electric Car Grant to cut to cost of new, affordable, and sustainably manufactured zero emission vehicles for consumers, to 2030.
£877 million for the Zero Emission Truck Grant and Zero Emission Van Grant to reduce the cost to businesses of buying new zero emission commercial vehicles, to 2030.
£600 million to support charging infrastructure, to 2030.
£120 million for the former Plug-in Van Grant in 2025.
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