Electric Vehicles – Momentum to drive to electric builds, and the charging network must follow

It appears that almost every day there is some new, positive news about the electric vehicle industry as the UK prepares to turn its back on the internal combustion engine.

Only this week, plans were unveiled for a new so-called ‘giga-factory’ in Northumberland that will produce electric storage cells for 300,000 vehicles a year by 2027. This follows hot on the heels of announcements from two of the biggest car producers, Ford and Jaguar.

Jaguar has said it will become an all-electric car manufacturer by 2025, while its Land Rover and Range Rover brands will phase out diesel engines by 2026 with plans to stop production of petrol and diesel engines by 2036.

Fulcrum provides all-in-one utility solutions that are designed to meet your needs. The company has a track record of excellence – always delivering on time and on budget. Gresham House Strategic PLC (LON:GHS) has a holding in Fulcrum.

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