MoneyWeek

Stop splurging on electric vehicles

Hardly a week goes by without the government offering subsidies to one of the major car makers. This week it was the news that BMW is investing £600m to convert the factories that make the Mini to electric production, with around £70m of that coming from the UK government. Only a few weeks ago the Indian conglomerate Tata chose Somerset as the site of its first major battery plant to power Jaguar

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