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UK government set to trial electric cars

As the price of oil continues to fluctuate, as does the price of fuel on the forecourt, the UK government has announced a £25 million project which will see 110 electric cars and recharging facilities introduced in Birmingham and Coventry. This is the latest in a continuous roll-out of electric car and electric vehicle projects with eight more areas around the UK already trialling these vehicles of the future.

As we await further details of the Coventry and Birmingham scheme it looks so the UK government has finally caught on to the potential savings available with electric vehicles. This also corresponds with Boris Johnson's scheme to introduce over 100,000 electric vehicles into London by 2025 in what would be the largest scheme of its kind in the world. As yet, the electric vehicle market has yet to take off in the UK despite the significant savings available across the board.

It will be interesting to see how the UK government reacts with regards to taxation of electric vehicles and their power supplies as there will be a significant reduction in taxation compared to traditional oil based fuel. The government will at some stage need to replace the tax on petrol and diesel as electric cars continued to become more popular - but how this income stream will be recreated remains to be seen.

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