UK businesses plan to invest £13.6bn in electric vehicles by 2022--Seetao

[UK businesses plan to invest £13.6bn in electric vehicles by 2022] The poll was conducted with representatives of 200 UK businesses of different sizes and industries responsible for fleets. All companies represented reported a turnover in excess of £1m in the last financial year and operated at least one vehicle. UKPlc's total investment will reach £11.6 billion. That was below the £15.8bn it had been hoping for, as challenges such as the Covid-19 pandemic, chip shortages and rising costs of living created complications. Editor/Xing Wentao

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