In light of a 950 million fund for rapid EV chargers remaining unspent since its announcement in March 2020, UK ministers are now contemplating reallocating these funds. The scheme, aimed at installing ultra-rapid chargers at motorway service areas to alleviate range anxiety, faced regulatory delays and competition concerns. Charging companies suggest that the money could be better utilized for other EV charging solutions. While there is no plan to entirely scrap the initiative, adaptations are considered necessary to meet current market needs.
Ministers are contemplating reallocating funds from the 950 million rapid charging scheme for electric cars on UK motorways, after the initiative failed to launch.
The initiative, launched in March 2020 to enhance rapid charging infrastructure, has yet to disburse any funds, prompting possible redirection to other EV investments.
Charging companies argue that the unspent fund should support alternative charging solutions to advance electric vehicle adoption and enhance infrastructure.
Although the government insists the rapid charging program will not be scrapped, adjustments are necessary to align with the evolving market demand.
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