Clive Jones, Liberal Democrats candidate for Wokingham says,
"Liberal Democrats in the next Parliament will spark a low emission car revolution in Britain, starting with a £100m prize fund for car makers.
"They will receive the multi-million pound fund when they produce an Ultra-Low Emission Vehicle (ULEV) that becomes a top five selling car over the course of a year. This is a fantastic incentive to business to produce these news".
Announcing the new £100m prize fund, Deputy Prime Minister and Leader of the Liberal Democrats Nick Clegg said:
“For the first time since the 1970s, Britain now sells more cars than it buys thanks to Vince Cable and the Liberal Democrats being in the driving seat at the Department for Business.
“However, we need to go further and faster in making Britain a world leader in low emission vehicles by providing the right incentives and infrastructure to attract green investment and green jobs.
“This isn’t just about re-balancing the economy, it’s also about tackling dangerous levels of air pollution that reduce average life expectancy by up to 8 months.
“Our Liberal Democrat £100m prize fund will spark a low emission car revolution in Britain and help to build a stronger and greener economy for years to come.”
The prize fund, infrastructure upgrades and support for R&D combined are all part of a bold ambition to have all cars on UK roads ultra-low emission from 2040 onwards.