Breaking News Bar

Business News and Information

Sector Players Say UK Needs Huge Effort to Transition to EVs

With the world moving towards electrification, several countries have revealed their plans to electrify their roads over the next two decades. The UK was originally poised to ban the sale of new internal combustion engine (“ICE”) vehicles by 2040, but the government pushed the ban to 2030. The ambitious goal, which is part of the UK’s plan to become a net-zero economy by 2050, puts the UK ahead of countries such as France which plans to ban ICE vehicles in 2040 and in line with the Netherlands, Germany, and Ireland.

To help achieve this goal, the government has pledged to provide £1.3bn ($1.7 billion) to speed up the installation of charging points across the country, £582m ($777 million) in incentives and grants to reduce the initial cost of zero- or ultra-low-emission vehicles, and around £500m ($668 million) to develop and mass produce electric vehicle (“EV”) batteries…


About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

To receive SMS text alerts from Green Car Stocks, text “Green” to 21000 (U.S. Mobile Phones Only)

For more information, please visit

Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published:

Green Car Stocks
San Francisco, California
415.949.5050 Office

Green Car Stocks is part of the InvestorBrandNetwork.

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
bottom clear