The Budget: Steps in the Right Direction, But the EV Sector Needs More

October 31, 2024

Chancellor Rachel Reeves’ first Budget brought promising commitments to the EV and clean energy sectors. With £2 billion for automotive transformation, funding for EV charge point rollouts, and incentives through company car tax, there’s a clear push towards making the UK a leader in sustainable transport.

But is it enough to drive the real change we need?

Yes, these investments are positive, especially the ongoing support for charge point infrastructure. Yet, as Om Shankar of Konect pointed out, a 500% increase in public EV chargers is needed by 2030 just to keep up with projected demand.

While funding commitments help, the sector urgently needs streamlined planning processes and stronger support to meet ambitious EV targets and give drivers true confidence in the infrastructure.

This budget shows potential, but it also reveals gaps. If we’re serious about becoming a 'clean energy superpower', we need to move beyond announcements and accelerate action. The next steps are important, especially in empowering local councils and businesses to deliver reliable, accessible EV charging.

At EVC Solutions Ltd, we’re committed to bridging these gaps. You’ll get the expertise and solutions you need to stay ahead as EV adoption grows. Let’s turn this momentum into tangible results for businesses, drivers, and the environment alike.

See what’s possible with EVC Solutions. Together, let’s ensure the UK is ready for the EV era.

If you want to know more about anything to do with EV charge point installation for your hotel, place of work, commercial building, fleet vehicles, farm, holiday let or home, please contact EVC Solutions – The Electric Vehicle Charging Specialists, and see what's possible.

Adrian Cooper
Business Partnering
EVC Solutions Ltd

... see what's possible.

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