Automakers

UK ends subsidies for electric cars on surging demand

Gasoline and diesel cars and vans should be phased out to support the shift to zero-emission vehicles, nine EU countries said.
Electric cars are pictured charging in London. (Reuters)
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By:
Bloomberg
June 15, 2022 02:13 PM

The UK said it would scrap the last remaining subsidies for electric cars, saying the move would free up cash to expand the charging network and encourage sales of other battery-powered vehicles, such as vans, taxis and motorcycles.

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