Labour's £5,000 sweetener to launch electric car revolution | Environment | The Guardian
Tony Karrer Delicious EVdriven
APRIL 16, 2009
It will be launched today by Geoff Hoon, the transport secretary, and Lord Mandelson, the business secretary, with the aim of kickstarting the market for cleaner road vehicles and slashing the UKs CO2 emisisons. How the money would be distributed is yet to be decided but Hoon said it would be available only to people buying cars that ran entirely, or for the vast majority of their time, on electricity. Its that part that could incentivise consumers to buy an electric vehicle."