The government has confirmed it will launch a procurement process in the summer to raise funding for electric charging points.
In a written statement to Parliament, Robert Jenrick, Exchequer Secretary to the Treasury, answered a question about how £200 million of private investment will be raised, after Andy McDonald, shadow Transport Secretary, asked how much has already been raised.
The importance of electric charging points across the UK is growing because of the need to reduce air pollution in towns and cities.
Cities including Manchester and London have both recently committed to improving this provision; the Mayor of London, Sadiq Khan, has launched 100 rapid charge points for electric vehicles, as part of the drive to encourage use of zero emission vehicles, while in Manchester, Andy Burnham’s carbon neutral proposals will see the number of electric charge points doubled.
Vehicles that benefit from electric charging are becoming more prevalent in waste management fleets, so the decisions of government to raise funding for these means are crucial.
As part of the 2017 Budget, the government announced a £400 million Charging Investment Infrastructure Fund, which is set to upgrade electric vehicle charging infrastructure, as well as funding research for the technology.
The measures set out a commitment to make a quarter of government department fleets electric by 2022, and as part of this, £200 million will be raised through private investment.
In the written response by Mr Jenrick, he said that the task of raising this extra investment will start in summer.
The statement read: “Following the announcement of this fund at Autumn Budget, the government is engaging with the private sector to ensure that it is set up in the most effective way.
“We expect to launch the procurement for the private sector fund manager in summer 2018, who will be tasked with raising the £200 million of private investment.
“Further details will be announced in due course.”