UK reportedly planning electric car loan subsidies to push sales
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...
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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...
