A ban on the purchase of new petrol and diesel vehicles will come into effect in 2030.
All-electric cars will account for one in seven of all new car purchases in the UK in 2022, new analysis predicts.
Transportation research consultancy New AutoMotive estimates that about 300,000 battery-powered electric vehicles will be purchased by the end of 2022, accounting for about 15 percent of the auto market.
Electric vehicle sales in the UK have soared in recent years as environmental concerns have continued to rise, the cost of lithium-ion batteries has fallen and the level of public charging infrastructure has expanded.
The most popular electric car sold in the country is the Tesla Model 3, which is also the third-best-selling vehicle. Other popular brands include the Nissan Leaf, BMW 3 Series Plug-in Hybrid and Jaguar i-Pace.
We think 300,000 new Battery Electric Vehicle cars will be sold in the UK in 2022, which could be around 15% of the market.
This rapid growth is good news, but the 300,000 new Electric Vehicles are nowhere near what is possible and necessary compared to the roughly 32 million internal combustion engine vehicles on the road.
The Climate Change Committee has advised the UK government that all new car sales should be driven electrically by the end of the decade if it hopes to achieve its net-zero emissions target by 2050.
To achieve this, British carmakers will be required to produce a certain percentage of zero-emission vehicles from 2024, before a blanket ban on the purchase of poisonous petrol and diesel vehicles in 2030.
An additional 145,000 charging stations will be added to England’s roads each year, with hundreds of millions of pounds spent on improving battery technology and financial incentives such as plug-in grants.
However, the UK government lowered the maximum cash amount for plug-in cars from £2,500 to £1,500 in mid-December.
The Department of Transport said the decision to cut funding allowed the program to “help more people”. But SMMT chief executive Mike Hawes believes this could threaten the development of electric vehicles.
Growing the charging network, and offering generous incentives to reduce the total cost of ownership for electric vehicles, will sustain this demand and ensure the UK has an adequate allocation of the latest zero-emission vehicles.
The UK has taken a “more laissez-faire” approach to them than countries such as Norway, where they are heavily incentivized and have a “clear strategy” to improve the charging network.
Aside from setting the electrification of all new car sales by 2030 and announcing a patchwork of charging investments, the government’s strategy has been more casual, including a recent decision to once again reduce the grants available to Electric Vehicle buyers.
While there may be financial realities of having to cut incentives, these mixed messages will not help drive the adoption of new vehicles.
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