London Mayor Pushes For Electric Vehicles

The Mayor of London, Boris Johnson, has laid out plans to have 100,000 electric vehicles by 2025 and 25,000 charging stations in London by 2015. The plan calls for putting charging stations on main roads, retail and work places, parking garages and train stations.  The mayor’s plan also calls for 20% of new parking spaces and new building developments to have charging points and excludes electric vehicles from congestion pricing in London’s center.

The plan will cost about $90 million and is expected to be funded by a mixture of public and private sources.  It will be helped by recent efforts of the national government which earmarked about $370 million in January for consumer incentives for buying electric vehicles for anywhere in the UK.  The incentive is about $3,000 per vehicle. Learn more

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