29 Apr '14, 10am

via @businessgreen

via @businessgreen

Deputy Prime Minister Nick Clegg has today officially launched the next phase of the government's ultra-low emissions vehicles (ULEV) strategy, promising that £500m will be made available to support the fledgling sector between 2015 and 2020. The new funding, which builds on the existing programme of grants and infrastructure investment to support electric and fuel cell vehicles, will be shared across a range of initiatives designed to reduce the cost of ultra-low emission vehicles and broaden their appeal to motorists and businesses. FURTHER READING British Gas charges up green fleet with order for 100 electric vans Greens launch EU election manifesto Clegg said the fresh funding would provide a further boost to the UK's economic recovery and bolster the country's competitiveness in the fast-expanding green transport sector. "The UK has the potential to emerge as a world ...

Full article: http://www.businessgreen.com/bg/news/2342080/clegg-announ...

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