Government announces new £20m investment for electric vehicle technology

Jul 10, 2017 · bdaily.co.uk

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The government is set to make a £20m investment to help develop electric vehicles capable of returning electricity to the grid.

The new investment will support vehicle-to-grid projects as part of the government’s Industrial Strategy and create a smarter energy system, while increasing the numbers of electric cars on UK roads.

The projects will research technology which allows plug-in electric vehicles to draw power from the grid when charging, whilst also being able to return it to people’s homes or back to the grid.

There are already 100,000 electric cars and 11,000 charge points in the UK. As this number grows, they become a resource for a smart electricity grid – bringing benefits for drivers and creating a more flexible and efficient energy system.

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