Ongoing investment in EV tech, including taxpayerderived contributions via government, are not being matched by a corresponding spend on charging infrastructure. This continues to be the case, even as it is suggested that the price of used EVs could be coming down due to the number of ex-company cars entering the second-hand market, a trend that could encourage those who would like an EV, but have until now been deterred by the perceived expense. 60 AFTERMARKET FEBRUARY 2024 EVS AND HYBRIDS www.aftermarketonline.net STIMULATION IS THE NAME OF THE GAME Infrastructure concerns and cost continue to cause impediments for those interested in EVs, even as Government support ramps up across the board Government invests £9 million in EV tech while infrastructure still “lagging behind” EV charging infrastructure investment is still not enough, the Government has been reminded, following a recent further investment in vehicle tech development. Following other recent investments, £9 million has recently been provided by the Department for Business and Trade (DBT) through the Advanced Propulsion Centre (APC) to develop Aston Martin’s EV technology, with a view to enabling the company to develop a luxury battery EV platform. Commenting on the investment, Business Secretary Kemi Badenoch said: “The Government is backing our automotive sector, as can be seen with our recent APC award to Aston Martin and others, to ensure we secure high-quality jobs and investment across the UK and develop a resilient and prosperous car industry for the future.” Michael Straughan, Executive Consultant to Aston Martin’s CEO added: Maintaining a competitive business environment to stimulate growth and productivity is critical to
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