Call: 0118 920 5130 MON - FRI: 9AM - 8PM SAT: 10AM - 5PM
    

UK Provides £11m To Create Network For Hydrogen Powered Cars

Author: Select Contracts     Date: 18-11-2014

This decade is going to be remembered as one of great change for the automotive industry as new technologies including electric and self-driving cars begin to integrate with our long-standing road system. But another one which is also on the horizon is hydrogen cars, which have been in rapid development for a number of years but are only just receiving the funds needed to test them on our roads.

Hydrogen Cars Heading Towards UK Streets

The governments business minister Matt Hancock has recently announced that Britain will spend £11 million on funding for the new technology, with the hope that hydrogen cars could be driving around by the end of 2015.

The investment will help establish an initial network of up to 15 hydrogen refuelling stations by the end of 2015, with more funding available on both sides of next year’s election. The government hopes that this move will help them reach their goal of establishing the UK as a global leader for ultra-low emission vehicles.

This comes after leading hydrogen car developer Toyota chose the UK as one of the first markets to sell its fuel cell electric vehicles (FCEVs) when they go on sale next year. Of the £11 million pledged, £7.5 million will come from the government and £3.5 million from the industry, which will be broken down into:

  • £2 million of top-up funding to upgrade 6 to 8 existing hydrogen refuelling stations which are already operational or under development in the UK.
  • £2 million of funding for public sector fleets to encourage deployment of around 40 hydrogen FCEVs in selected places.
  • £3.5 million of funding to be matched by industry for 4 to 7 new hydrogen refuelling stations. This will include mobile stations as well as those on stand-alone sites and integrated into conventional petrol forecourts.

Speaking in Japan where he met executives at Honda, Nissan and Toyota, Mr Hancock said: “Britain has become one of the best places in the world to build cars, with the value of those we export outstripping imports for the first time in a generation, but we want to go further.

“Hydrogen cars present us with a huge economic opportunity and can bolster our internationally renowned automotive industry. We want to make the UK one of the best places in the world to design, manufacture and sell ultra-low emission vehicles.

“Government will work in true partnership with industry so the potential benefits are realised by businesses and consumers across the UK.”

Car Leasing

Complete Car Leasing From Select Contracts

At Select Contracts we provide high quality car leasing services for both personal and business use. We are able to provide highly competitive quotes on any make or model of car, including all of the latest 14 plate models. With car leasing from us, you can guarantee the best service throughout your contract plus free UK delivery from our national network of dealers and vehicle preparation centres.

For more information on any of vehicles or car leasing services, please get in contact with us by emailing info@selectcontracts.co.uk or call 0845 6770 770.

  • Keywords:

PreviousNext
Search By Manufacturer
Featured Work
Is the UK a Nation of Dangerous Drivers?
Everyone thinks that they’re a responsible motorist, it’s all the other road users that cause problems. At least, that’s what our recent national consumer research study of 1,200 people across the UK has found. A startling 98% of Brits consider themselves to be ‘safe drivers’.
Read More »
Latest Tesimonials
Thoroughly recommend this company. in particular Voytek Kowalczyk. Professional and friendly and alw...
Fantastic service and information delivered by Chris Kirby, and very happy with my car choice. ...
Great service from Tom Falconar very helpful & made the process very easy
I couldn’t have asked for a better service! Daniel Newman was great!
Very professional and very pleased thanks Leigh morshead for all your help.
Read All Reviews »
 

Call us on: 0118 920 5130

 

Monday to Friday: 09:00 to 20:00    

Saturday: 10:00 to 17:00    

 Follow us on Facebook  Follow us on Twitter  Follow us on LinkedIn  Follow us on Google+

 

Select Car Leasing is a trading style of Select Contracts (UK) Limited and the firm is authorised and regulated by the Financial Conduct Authority FRN 670832. Select Car Leasing are a credit broker not a lender. VAT Registration No 181 8746 74. ICO Registration ZA076253. Company Number 065690988. Select Car Leasing are proud to be a member of the British Vehicle Rental and Leasing Association (BVRLA) No 1846.

 


Copyright 2016 Select Car Leasing. All Rights Reserved.

Key Partners
Proud Member Of:
Find us on social media

Select Car Leasing is a trading style of Select Contracts (UK) Limited and the firm is authorised and regulated by the Financial Conduct Authority FRN 670832. Select Car Leasing are a credit broker and not a lender. VAT Registration No 181 874674. ICO Registration ZA076253. Company Number 06569098. Select Car Leasing are proud to be a member of the British Vehicle Rental and Leasing Association (BVRLA), No 1846. Registered address: Atlantic House, Imperial Way, Reading, Berkshire, RG2 0TD

© Copyright 2018 Select Contracts UK Limited. All Rights Reserved.

^
Top