Two huge headlines have caught my attention today...
Firstly the news coming out of the Frankfurt Motor Show as Volkswagen today unveiled their first fully electric car, the ID.3, designed from scratch and with a starting price of £26,850. This represents a massive $50 billion 5-year investment from the German automaker and serves as a huge vote of confidence in electric vehicles. VW are hoping their electrification strategy will bring success across all its brands including the more premium models from the likes of Audi and Porsche.
Secondly, plans for a cleaner and healthier Britain stepped up a gear today, as Ministers announced more than half a billion pounds of investment in green technologies.
The Treasury has launched a £400 million fund to bolster Britain’s electric vehicle charging infrastructure, with the first £70 million allocated for 3000 charge points – more than doubling the number across the UK to 5000.
Both headlines, in my opinion address two of the biggest barriers to electric vehicle adoption; affordability and access to charging infrastructure.
With the ID.3's price and impressive range capability, I'm confident this will be an attractive option not only to EV first time buyers and those already flying the #electricvehicle flag but also to those who haven't yet been convinced by the transition.
Equally, with the investment into new rapid charging infrastructure, very soon we may never hear the phrase 'charging anxiety' again.
Here at Hyperion we are proud to partner with a number of amazing electric vehicle charging infrastructure companies who are already delivering the very best smart charging solutions across the UK and Europe. With this news, there's going to be no sign of workload slowing down any time soon!
Viva la electric vehicle revolution!
Today’s announcements show the Government’s firm commitment to tackling climate change and to meeting its environmental responsibilities. As a world leader in clean growth, and the first major economy in the world to legislate to end its contribution to global warming by 2050, today’s announcements echo the UK’s commitment to being in the driving seat of the green revolution.