EU green plan to cut car insurance costs

Saturday, 01 May 2010

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The European Commission (EC) has unveiled a plan to encourage the uptake of environmentally-friendly vehicles across Europe.

Called 'A European strategy on clean and energy efficient vehicles', the initiative will support further research in green technology and continue legislative measures on emission reduction.

In addition, the scheme will encourage the installation of charging points for car insurance customers to recharge their motors when needed.

Antonio Tajani, vice president of the EC in charge of industry and entrepreneurship, said that now is a crucial time in the future of the car industry and taking steps now will boost green vehicle development.

"The new European strategy will provide a supportive framework based on a twin-track approach - improving the efficiency of conventional engines and making ultra-low carbon mobility a reality for European consumers," he added.

Mr Tajani went on to add that the strategy will see the implementation of a Europe-wide framework which would allow car insurance holders to charge their vehicles anywhere on the continent.

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