UK Budget unveils spending plans on green transport in 2020

By IM Staff
Published: Thursday, 12 March 2020

The United Kingdom government revealed plans to invest over £1 billion ($1.3 billion) on green transport, including £500 million for electric vehicle (EV) charging infrastructure over the next five years, in its 2020 budget announcement on Wednesday March 11.

By Dalila Ouerghi, Michael Greenfield

During the budget presentation, UK chancellor Rishi Sunak committed to make it cheaper to buy low emission vehicles and cutting taxes on clean transport.

Among other measures, the budget extends the UK grant scheme for plug-in vehicles until the 2022-23 financial year.

Sunak said the...

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