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UK Finance: Buy an electric car, save the planet and money

John Williams - Thursday 16.04.09, 12:15pm

Citroen Berlingo electrique

Citroen Berlingo electrique

The UK government has announced plans to make the British motor industry a world leader in the low carbon future, by offering motorists a cash incentive of up to £5,000 to encourage them to buy electric or hybrid cars from 2011.

The move was announced by Business Secretary Peter Mandelson and Transport Secretary Geoffrey Hoon as part of a £250million scheme to cut emissions while giving a much needed boost to the automotive industry.

Motorists will be offered between £2,000 and £5,000 towards the cost of buying a vehicle of the future, with the average starting price for the electric and plug in hybrid cars set at around £12,000 and rising to an incredible £80,000 for performance related vehicles.

The plan includes £20million being set aside to develop an infrastructure of charging points. Last week London Mayor Boris Johnson announced plans to introduce thousands of  ‘charging points’ across the capital.

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