Online searches rise 162% after government proposes to halt petrol and diesel sales by 2035. Online searches for electric cars surged in the hours following the UK government’s announcement of plans to ban petrol and diesel car sales by 2035.
It is hardly surprising that enquiries for electric cars have increased significantly since the announcement of the 2035 ban by Boris Johnson. We at e-zoomed have certainly also seen an increase in enquiries. In fact, there has been a steady increase in enquiries for electric cars for the past 12 months. January 2020 witnessed a 203% increase in BEV registrations compared to January 2019 and it is a similar theme for annual registrations in 2019 compared to 2018.
There are a number of factors that have contributed to the increase in EV enquiries and registrations. Some of these include:
- Significant increase in press coverage in the mainstream media.
- An increase in the unveilings and sale of new battery-electric vehicles (BEVs).
- A significant improvement in emission-free range of the latest models. WLTP ranges above 250 miles are fast becoming common place.
- An improvement in public charging infrastructure, in particular, rapid charging infrastructure.
- A rush to take advantage of the plug-in car grant (PiCG) which is expected to be either reduced or terminated.
In regards to the inclusion of plug-in hybrid electric vehicles (PHEVs) in the consultation process, we do agree with the government. In our view, given the increase in performance of pure electric cars and increase in public charging infrastructure, the importance of the role played by hybrid vehicles has diminished. Moreover, the sooner we migrate to zero-emissions driving, the greater is the positive impact i.e. lower air pollution and lower harmful emissions.
Petrol and diesel cars could be banned across the UK as early as 2032 according to Transport Secretary Grant Shapps in an even more ambitious target for the motoring industry to meet. Petrol and diesel cars were set to be scrapped by 2040 although this was brought forward to 2035 by the government last week. The ban will see the sale of petrol and diesel cars suspended in an effort to remove all highly-polluting cars by 2050 to meet the zero-carbon target.
We have said it before and will say it again. We applaud the UK government for taking leadership in the transition to zero-emission electric driving. Bringing forward the ban is a prudent move, as the sooner we can close the chapter on internal combustion engine (ICE) vehicles, the sooner we can move forward to emission-free transportation. Of course, the government will need to work closely with other stakeholders in the automotive industry, to include automotive manufacturers and suppliers, to help them manage the transition to electric vehicles. This is a complex transition and needs to be orchestrated with significant engagement between various stakeholders.
Apart from the above, it is also imperative that the government continues to assist in increasing the sales velocity of electric cars by continuing to provide an attractive and long-term PiCG incentive framework. As of today, the future of the plug-in car grant incentive remains uncertain.
Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies.
Time is of the essence, as the global electric vehicle gallops faster towards mass-adoption. However, most global automotive companies failed to recognise early on the inevitable paradigm shift from internal combustion engine (ICE) to emission-free electric driving. With the EV inflection point visible on the horizon, the ill-prepared OEMs are scrambling to get a piece of the action. Hyundai is just one case in point. In 2020 we will witness many such JV announcements as large OEMs are forced to depend on innovative start-ups to secure a future. However, it is a win-win approach as younger companies like Canoo need all the assistance they can garner to develop further, scale and lead. Canoo can leverage the depth of Hyundai’s operational and market experience, along with a large balance sheet, to gain competitive advantage in the intensely competitive EV sector.
We at e-zoomed are more than happy to assist you with all your EV needs to include:
- Compare and buy an electric car in the UK
- Compare affordable electric car finance and lease deals in the UK
- Compare and buy best electric car insurance deals in the UK
- Compare and buy best electric car breakdown cover in the UK
- Compare and buy green electricity for your home and electric vehicle
- Compare and buy best priced electric car charging cables and EV accessories
- Compare and buy best e-scooters!