Given that the greenhouse effect is causing climate change to advance at a much quicker pace than anticipated, leading to significant repercussions across various domains, governments are actively advocating for the adoption of strategies. One of the key priorities is to enhance awareness and motivate individuals in their efforts to combat climate change. Reducing greenhouse gas emissions remains a paramount objective in this regard.
Human activities contribute to various types of greenhouse gas emissions, with vehicle exhaust fumes being a major contributor. British Prime Minister Boris Johnson is exploring a potential solution to this issue by contemplating a substantial plan aimed at reducing emissions from public transport. The plan entails offering a subsidy of 6,000 pounds ($7,600 USD), which is equivalent to 177 million VND, to individuals who are willing to shift from using internal combustion engine vehicles to electric vehicles, as reported by The Telegraph.
Boris Johnson is expected to provide detailed information about this plan during his crucial public speech on July 6. The speech will outline numerous initiatives aimed at kickstarting the British economy once the COVID-19 lockdown measures are lifted.
The UK has a thriving car manufacturing industry, which includes the production of both traditional combustion engine vehicles and electric vehicles. However, the recent focus of attention from British consumers has shifted towards electric vehicles. The COVID-19 pandemic has significantly impacted the automotive sector, leading to a sharp decline of around 90% in new car sales over the past few months. As the economy gradually recovers, there is a projected surge in demand for new cars, indicating a potentially significant market opportunity.
Electric car models typically have higher prices in comparison to traditional internal combustion engine cars, leading to hesitance among many individuals when it comes to purchasing these eco-friendly vehicles. However, the British government’s newly proposed policy, if effectively executed, will play a key role in boosting the electric vehicle market within the country.
The British government has expressed its “ambition” to prohibit the sale of new gasoline and diesel vehicles by 2035, according to recent news reports. However, this proposal is being met with considerable opposition. Nevertheless, actively encouraging and supporting individuals to voluntarily transition, rather than imposing it as a legal requirement, remains a preferable approach.