CMA to boost UK’s electric vehicle revolution ahead of Net Zero target with new measures
The Competition and Markets Authority (CMA) has announced that more measures are needed to ensure the UK is ready for the electric vehicle revolution.
The CMA has stated that in order to comply effectively with the 2030 ban on the sale of new petrol and diesel cars, certain areas of the electric vehicle charging infrastructure would need to be examined and invested in.
The regulatory body has expressed concern about lack of choice and availability of chargepoints at motorway service stations, aslow roll-out of on-street charging by Local Authorities and lack of investment into chargepoints in rural areas.
Andrea Coscelli, chief executive of the CMA, commented: “Electric vehicles play a critical role in meeting Net Zero but the challenges with creating an entirely new charging network should not be underestimated.
“Some areas of the roll-out are going well and the UK’s network is growing – but it’s clear that other parts, like charging at motorway service stations and on-street, have much bigger hurdles to overcome.
“There needs to be action now to address the postcode lottery in electric vehicle charging as we approach the ban on sales of new petrol and diesel cars by 2030.
“Our recommendations will promote strong competition, encourage more investment, and build people’s trust, both now and in the future. The CMA has also opened a competition law investigation into EV charging along motorways and will continue to work with government and the industry to help ensure electric vehicle charging is a success.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment
OpenAI decision a wake-up call for our tech plans