Electric Car News Roundup – 37

electric car news

Car Ban: This UK City Could Be Set To Ban Your Car From Its Roads – Who Will Be Affected?

Private road cars will soon be banned from this popular city in a major crackdown on carbon emissions which could see low polluting electric and hybrid cars prevented from entering the city centre. Electric and hybrid vehicles are likely to be included in a new car ban in York despite the cars low pollution output. York will be the first city in the UK to completely ban private road cars from their streets with the legislation set to be implemented within the next three years. 

private car ban york
York (credit: express)

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Late last year, Bristol had become the first city in the UK to ban diesel vehicles from the city centre.  Though, we at e-zoomed had applauded the decision, we did not believe it went far enough.  The proposal for York does indeed go all the way i.e. by banning all private cars from its ‘walled-city’.  Yes, there is an argument to allow ULEV’s or low emission vehicles, like electric and hybrid vehicles and only ban internal combustion engine (ICE) cars.

However, we do believe, banning all forms of private cars is a better option as the benefits are significantly more, to include, lower local air pollution and congestion.  It also encourages the use of public transportation, which, in our view, is the best option for travel in busy and crowded urban centres across the UK.  Our only caveat is, that, all forms of public transportation should be low emission vehicles, if not zero-emission electric buses and taxis.  London is an example of a city that has deployed electric buses and electric taxis.  

We look forward to many more cities adopting similar legislation, banning private vehicles from city centres and in particular, from more vulnerable areas like schools, hospitals etc. 

2020 Set To Be Year Of The Electric Car, Says Industry Analysts 

Europe’s carmakers are gearing up to make 2020 the year of the electric car, according to automotive analysts, with a wave of new models launching as the world’s biggest manufacturers scramble to lower the carbon dioxide emissions of their products. Previous electric models have mostly been targeted at niche markets, but 2020 will see the launch of flagship electric models with familiar names, such as the Mini, the Vauxhall Corsa and the Fiat 500

mini electric
Mini Electric (credit: The Guardian)

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We at e-zoomed certainly agree with the above, but would add that 2021 and 2022 will also be the defining years for EV adoption in the UK.  There is no doubt that the electric vehicle market commenced 2020 well positioned, given the new all-electric models expected to be on sale in 2020.  Moreover, the UK battery-electric vehicle (BEV) segment roared in 2019, completing the year with an increase of 135.6% compared to 2018.  

However, it will take time for significant volumes of new car registrations for all-electric cars.  We believe this will take at least another 3 years, as automotive manufacturers introduce new EV models, but more importantly, also increase production volumes.  Apart from new electric car models and production volumes, a continued increase in electric car charging infrastructure and lower costs will be imperative in achieving quicker adoption.  We should expect to witness the inflection point for significant scaling within 36 months.   

Charge Up: Wireless Electric Car Chargers To Be Installed On UK Streets Next Year Meaning You’ll No Longer Need To Plug In 

New induction pads that emit an electromagnetic field are being trialled on residential streets across Greater London, the Midlands and Scotland.  Drivers are able to re-fuel their motor on top of the wireless tech which is buried under the ground.  The motor is then recharged by an electromagnetic field which can be converted into electricity for it to use. 

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Electric vehicle charging solutions that enable easier and faster charging on streets, in particular, in areas where access to private garages is limited, will be imperative in overcoming one of the more significant obstacles for EV adoption in city centres across the UK.  We look forward to similar pilot schemes being trialled in other urban centres acorss the UK. 

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Ashvin Suri

Ashvin has been involved with the renewables, energy efficiency and infrastructure sectors since 2006. He is passionate about the transition to a low-carbon economy and electric transportation. Ashvin commenced his career in 1994, working with US investment banks in New York. Post his MBA from the London Business School (1996-1998), he continued to work in investment banking at Flemings (London) and JPMorgan (London). His roles included corporate finance advisory, M&A and capital raising. He has been involved across diverse industry sectors, to include engineering, aerospace, oil & gas, airports and automotive across Asia and Europe. In 2010, he co-founded a solar development platform, for large scale ground and roof solar projects to include the UK, Italy, Germany and France. He has also advised on various renewable energy (wind and solar) utility scale projects working with global institutional investors and independent power producers (IPP’s) in the renewable energy sector. He has also advised in key international markets like India, to include advising the TVS Group, a multi-billion dollar industrial and automotive group in India. Ashvin has also advised Indian Energy, an IPP backed by Guggenheim (a US$ 165 billion fund). He has also advised AMIH, a US$ 2 billion, Singapore based group. Ashvin has also worked in the real estate and infrastructure sector, to including working with the Matrix Group (a US$ 4 billion property group in the UK) to launch one of the first few institutional real estate funds for the Indian real estate market. The fund was successfully launched with significant institutional support from the UK/ European markets. He has also advised on water infrastructure, to include advising a Swedish clean technology company in the water sector. He is also a member of the Forbury Investment Network advisory committee. He has also been involved with a number of early stage ventures.

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