Gallery

Tuesday, July 26, 2011

Even With a $8,200 Subsidy from the Government, Consumers in the U.K. Don't Want Electric Cars

"According to figures published by research charity the RAC Foundation last week, the second quarter of the year saw just 215 cars bought under the government's Electric Vehicle  grant scheme, which knocks £5,000 (about $8,200) off the price of a new electric car.

This contrasts with 465 taken up in the first three months of the year, and takes the total of cars bought under the scheme to 680, leaving the U.K.'s electric fleet still struggling to top 2,500 vehicles (out of a car fleet of 28 million). The low uptake means just £3.4m ($5.57m) of the £43m ($70.44m) put aside by the government until the end of March 2012 has been spent."

~Source.

Note: Gasoline retails for about $9 per gallon in the U.K. 

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