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Deputy PM Nick Clegg has announced an additional £500m of funding to promote the uptake of ultra low-emission vehicles in the UK and is asking fleets and the wider automotive industry for ideas on how it should be spent.
The £500m is ear-marked for 2015-2020 and follows an initial £400m spend covering 2010-2015. This original amount includes the £5000 grants for ULEVs.
Commenting on the investment, Clegg said: "The current upfront costs of electric cars are still quite high. They currently make most financial sense for the biggest purchasers and biggest users of cars we have: fleet vehicles, hire cars and taxis - cars that are on the road every day and can take full advantage of the lower running costs.
"I especially want to hear from fleet purchasers about what they would need to make the jump from buying low-emission to specifically ultra low-emission vehicles."
The consultation on how to spend the £500m will look at both extending current schemes and new options and closes on 10 January 2014.
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