Earth Equity News

UK Will Subsidize Cost of Electric Cars by 25%.By Daniel Fineren, Reuters, February 25, 2010. "The British government is to give up to 5,000 pounds ($7,668) to anyone who buys an 'ultra-low carbon' car from next year and will build recharging hubs, the Department of Transport said on Thursday. The Plug-in Car Grant of 25% toward the purchase price, capped at 5,000 pounds, will be available across Britain for both private and business fleet buyers from January 2011, by which time a range of eligible vehicles should be on sale... Only battery electric, plug-in hybrids with emissions of less than 75 g/km, or hydrogen fuel cell cars will be eligible for part of the 230 million pound total fund. The electric vehicles must have a range of at least 70 miles, or 113 km, while hybrids must be able to run for at least 10 miles without using fuel, and all vehicles must be able to go faster than 60 miles per hour. The government also plans to spend 30 million pounds on a network of electric vehicle hubs, called Plugged-In Places, in car parks, supermarkets and selected streets."