- Amsterdam Aiming for 100% Sustainable Traffic by 2040
- March 30, 2010 | Author: Elena Babaeva Coradini
- Law Firm: Waller Lansden Dortch & Davis, LLP - Nashville Office
Even more reason to love that amazing city: "200,000 Electric Cars Coming to Amsterdam by 2040"! The electric cars will be joining about 600,000 bicycles for 750,000 residents, for an investment of US$4.1 million from the city of Amsterdam. All that is to meet the goal of 100% sustainable traffic by 2040.
Last year, Amsterdam partnered with TH!NK to put 500 EVs on the road. The new investment also involves TH!NK by providing grants amounting to “50% of the additional costs of buying EVs” for companies to replace existing vehicles. TH!NK CEO Richard Canny explains,
This project from Amsterdam City Council stands out as the most forward-thinking of initiatives in the electric vehicle sector across the whole of Europe. Business and enterprise is at the heart of any major city, and targeting this sector with such generous subsidies we think will change the face of business transport in the city. We are increasing our EV sales forecasts in the Netherlands on the back of this announcement, and urge other forward-thinking, green European cities to follow Amsterdam’s lead with this marvelous initiative.
Amsterdam will also invest in reserved parking spaces and 200 charging stations by 2012. What a great initiative.