UK reportedly planning electric car loan subsidies to push sales

UK reportedly planning electric car loan subsidies to push sales

Automotive industry, Electric, hybrid and low-emission cars, Business, Motoring, UK news, Environment, Consumer affairs, Manufacturing sector Business | The Guardian

​Ministers in talks with vehicle finance sector about making more low-interest or interest-free loans availableThe UK government is reportedly considering subsidising purchases of electric vehicles by guaranteeing consumer loans, as it looks at ways to boost sales that are failing to reach official targets.Ministers have started talks with the car finance sector on how to make more low-interest or interest-free loans available to help consumers buy more EVs, according to the Financial Times. Continue reading… 

Ministers in talks with vehicle finance sector about making more low-interest or interest-free loans available

The UK government is reportedly considering subsidising purchases of electric vehicles by guaranteeing consumer loans, as it looks at ways to boost sales that are failing to reach official targets.

Ministers have started talks with the car finance sector on how to make more low-interest or interest-free loans available to help consumers buy more EVs, according to the Financial Times.

Continue reading… 

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