The £5,000 subsidy for the purchase of electric vehicles is under threat, according to the Coalition Government's Business Secretary, Vince Cable.
Cable has said that the Government grant could be scrapped as the new administration seeks to cut costs to reduce the national deficit.
The Government ''can't go around waving a chequebook at British industry,'' said Cable, adding that car makers were no longer in an ''emergency situation''.
However, Cable did say that the Government is not planning to walk away from car manufacturers, but will simply be more selective on how it provides support in the future.
Read this news @ http://www.evhub.in/news/133#133
No comments:
Post a Comment