The number of Electric Vehicle (EV) charging stations in the UK
are set to overtake traditional petrol stations by August 2020
following an announcement by Chancellor Philp Hammond in his Autumn
The Government has set aside £390 million from the
National Productivity Investment Fund to boost battery vehicles and
driverless technology. The £390 million funding,
£100 million investment in
testing infrastructure for driverless cars;
£150 million to provide at
least 550 new electric and hydrogen buses, reduce the emissions of
1,500 existing buses and support taxis to become zero emission;
£80 million to install more
charging points for ultra-low emission vehicles.
The announcement follows the Government's prediction that
Britain needs 9% of cars sold by 2020 to be ultra-low emission to
be on track to hit its legally mandated emissions targets by 2020,
so the announcement on additional charging points is viewed as
being central to meeting these targets.
3% of cars sold in Britain last year were alternative fuel
models – primarily plug-in hybrid and electric cars –
although sales have risen 23% so far this year and following the
Autumn Statement growing numbers of analysts are predicting demand
for EVs could accelerate sharply in the coming years as upfront
costs continue to fall and battery ranges increase to a point where
it becomes more cost effective to operate a zero emission vehicle
than a traditional car.
However, dwindling government support for renewable energy
production has led critics to question the role of EVs if clean
energy is not used to power them.
The announcement is not only welcomed by the fast-expanding
green car sector; the hospitality and retail sectors –
particularly those strategically located off major highways –
are also predicted to experience increased revenues as a result of
the additional custom generated from EV users whilst charging their
The material contained in this article is of the nature of
general comment only and does not give advice on any particular
matter. Recipients should not act on the basis of the information
in this e-update without taking appropriate professional advice
upon their own particular circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
With the inclusion of an electronic bills of lading clause in the latest iteration of the NYPE form, as well as the International Group of P&I Clubs' approval of 3 electronic trading systems, we discuss some of the possible advantages and disadvantages of such systems to international trade.
It is common practice for traders, usually when they are the sellers of the goods and the charterers of a vessel, to instruct the carrier to discharge cargoes without production of the original bills of lading and to agree to indemnify the carrier against the consequences of doing so.
A trading dispute under an FOB contract provides the opportunity to clarify a number of issues including the role of local custom in the nomination of a port, whose right it is to nominate a loading place within a port, the nomination of a vessel incapable of loading at the original loading place and the nomination of a vessel incapable of performing the shipment.
Zohar Zik considers the decision of ACG Acquisition XX LLC v Olympic Airlines SA, where the court refused to grant summary judgment on a claim for unpaid rent in respect of a leased aircraft where it was arguable that ACG Acquisition XX LLC ("ACG"), the lessor, had breached the lease agreement and failed to provide Olympic Airlines SA ("Olympic"), the lessee, an aircraft in an airworthy condition.
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).