The government has recently announced its Net Zero Strategy to reduce greenhouse gas emissions to net zero by 2050. This includes an additional £620m of investment for zero emissions vehicle grants and electric vehicle infrastructure on top of the £1.3bn they have already committed for investing in charging infrastructure on motorways, on streets, in homes and workplaces. Given that the rate at which electric vehicle charging points are being installed is significantly slower than the rise in demand for electric cars, it is not surprising that the government is trying to accelerate the rollout of the charging infrastructure.
Later this year, the government will also publish an EV Infrastructure strategy which will set out the government's vision for infrastructure rollout and the roles that both the public and private sectors will need to play in achieving it. The increased investment will therefore be welcome news for property owners, developers, landlords and tenants who will likely see additional obligations placed on them in the EV Infrastructure strategy to increase the rollout of electric vehicle charging points.