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Investors - JULY 9, 2019

U.K. government to invest £37m in EV charging infrastructure

by Kali Persall

The government of the United Kingdom has plans to invest £37 million ($46 million) to transform electric vehicle (EV) charging infrastructure.

The announcement was made on the one-year anniversary of Road to Zero strategy, which calls for enhancing road infrastructure and incentivizing widespread adoption of zero-emission vehicles, according to the government.

Funding will be spread out over 12 separate projects dedicated to creating wireless charging technologies, giving future vehicles the freedom to charge without using a cable.

Other innovations could include solar-powered forecourts and underground charging systems, installing charge points in car parks for overnight charging, and making high-speed internet more available to allow drivers to access information on charging progress and parking spaces.

The initial three-month feasibility studies have been completed, and successful projects are moving onto the next stage of development.

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