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The Government has made provision of over £400 million for measures to promote the uptake of ultra-low carbon vehicles in the UK. This includes approximately £80 million supporting research and development activities; £30 million for the installation of infrastructure; and £300 million to support consumer incentives for the life of the Parliament.
BIS, with the Technology Strategy Board (TSB) and the Office for Low Emission Vehicles has to date invested over £150 million in more than 100 major automotive research, development and validation projects under the TSB's Low Carbon Innovation Platform which has been more than matched with around £200 million of private sector funding. In addition, TSB recently announced £7.5 million funding for five major research and development projects which could speed-up the adoption of energy systems using hydrogen and fuel cell technologies.
At the Low Carbon Vehicle 2012 event on
Further competitions under the Low Carbon Vehicles Innovation Platform are under consideration which would likely be formulated around strategic CO2 reduction technologies identified by the Automotive Council.