Government allocates funding for low emission vehicles

Posted on 29 Apr 2014 by Tim Brown

The future of the UK as a leader in the development and take-up of low emission vehicles has been given a boost with government's announcement of how the Office of Low Emission Vehicles (OLEV) will spend its £500m funding allocation over the next five years.

In response to a call by the SMMT for the government to deliver a funding package to encourage low carbon vehicle development, the Deputy Prime Minister Nick Clegg, Chief Secretary to the Treasury Danny Alexander and Transport Minister Baroness Kramer have announced a package of measures which will help the UK lead the global shift…

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