Published on July 30th, 2008 | by Joshua S Hill34
1 Million Electric Cars on Spain’s Roads by 2014
Spain’s minister of industry, business and tourism Miguel Sebastian said Tuesday that the plan should gain approval from Spain’s Council of Ministers on Friday, and should then be carried out this year and on through to 2011.
“Electric vehicles are the future and the driver of the industrial revolution,” Sebastian said in testimony to a congressional panel. “Every time we ease off the accelerator, we boost national income and employment.”
The plan will cost some 245 million euros, and is made up of a total of 31 separate measures. In enacting this plan though, Spain is set to save between 5.8 and 6.4 million tons of oil over the three-year period, this according to industry estimates.
According to Sebastian, Spain has been trying for awhile to cut oil imports. Over the past year alone, Sebastian noted that the country had spent 17 billion euros on oil imports.