What Austerity? £6 Million Subsidy For Electric Supercars

Morgan

With one hand, Whitehall is taking away subsidies from the renewable energy industry. With the other, they are doling out a new £75 million government and industry grant to the electric car market. This handout includes £6 million for specialist car manufacturer Morgan to develop a “hybrid and electric powertrain” for a new sports car. ‘Austerity’ means subsidies for supercars…

The investment isn’t only for flash motors. The funding will also go towards developing eco-friendly white vans. At least that will keep the Shadow Defence Secretary happy…

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mdi-timer January 26th 2016 @ 2:47 pm mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-email mdi-printer
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