InvestNow News 5th July – AMP Capital -Fully charged: The future of electric cars
17th June 2019
At the other end of the spectrum from Formula One is Fully Charged Live, a three-day car festival with a difference. Fully Charged Live is a festival of clean energy tech and electric vehicles held at UK’s Silverstone racetrack. It showcases every electric vehicle available in the UK, as well as comprehensive exhibitions on renewable technologies demonstrating what the future has in store for us all.
AMP Capital Senior Manager, Corporate Governance, Karin Halliday attended the festival, which she said highlighted the number of initiatives that countries like the UK are undertaking to address the need to decarbonise road transport.
“Transport is at the heart of the UK’s economic success,” Halliday said. “It has the ability to transform people’s lives and build strong, vibrant communities. However, due to the threat of climate change and the urgent need to reduce greenhouse gas emissions, the industry is undergoing a technological revolution,” she explained.
A zero-emissions future is of huge importance, both economically and environmentally. So much so, the UK government plans to end sales of almost all conventional petrol and diesel cars and vans by 2040.