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The U.K.'s long-term plan for electric vehicles

An electric car plugged in and charging. Photo: Smith Collection/Gado/Getty Images

British officials on Monday published their long-term plan for transitioning away from traditional gasoline and diesel vehicles — a move aimed at cutting traditional pollutants and greenhouse gases.

Why it matters: While battery costs are falling and automakers are offering more electrics, policy will nonetheless play a major role in determining the speed of electric and plug-in hybrid penetration worldwide.