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Treasury to team up with fund manager to push EV charging

ELECTRIC VEHICLES

03 August 2018
 

The Treasury is to work with the private sector to establish an investment fund to accelerate the delivery of electric vehicle charging infrastructure.  

Chancellor Philip Hammond announced plans for a £400m Charging Infrastructure Investment Fund in the Budget last November. The plan will see the Treasury invest a maximum of £200m in the fund, with the appointed fund managers responsible for raising the 50 per cent or more private sector investment.

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