Electric Car Forum & EV Electric Vehicle Community

With news that Tata Motors has yet to receive confirmation that its application for a £10 million loan from the British government has been successful, the company has threatened to withdraw from the UK car market and scrap plans for its Vista electric cars to be manufactured in the UK. As a consequence many people believe that the electric car market could become the next political football with dire consequences!

Government funding for the electric car market

Tata Motors is furious with the UK authorities, having applied for a £10 million loan from the government’s heavily publicised £2.3 billion funding package which was announced as a backup for companies looking to invest in more fuel-efficient technologies. This comes at a time when Nissan has announced a £200 million investment in its Wearside plant amid rumours that the UK government will offer further support in the form of loans and loan guarantees.

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