Electric Car News Roundup – 7

electric car news

Electric Vehicle Drivers In The UK Are Risking Death By Charging Their Car From Home’s Powerful Mains Supply, Charity Warns 

Tesla electric car charging point
Tesla Electric Car Charging Point

Consumer protection charity, Electrical Safety First,  has warned, that electric car drivers are putting themselves at significant risk, by not using appropriate charging infrastructure at home.  The charity surveyed 1,500 EV owners, to include, both pure electric vehicles (BEV) and plug-in hybrids (PHEV).  In a shocking revelation, 75% of respondents admitted to using ‘daisy-chaining’  extension leads to reach their electric car.  Daisy-chaining, is a method of connecting multiple extension boards between the charging point and the electric vehicle.  Even worse, EV drivers are extending these leads outside the house, leading to significant increase in electric shock and fire risks.  The charity blames the lack of sufficient available public charging points as a primary cause, forcing home owners to adopt unsafe charging practices. 

e-zoomed view: we certainly encourage the government to continue to promote policies that will ease the financial burden on electric car owners and increase public charging points for electric cars.    EV drivers should take full advantage of the home charging incentive scheme and source an appropriate home charging point and installer.  Basic home charging points start from £295.  Electric car owners, must do their very best to follow best practices for charging and EV to reduce any risk of shock or fire.  If in doubt, always ask!

Electric Revolution: There Are More UK Public Charge Points For Plug-In Vehicles Than Petrol Stations For The First Time Ever

Public EV charging point
Public EV Charging Point (Credit: This Is Money)

New data from ZAP-MAP shows that there now 8,471 EV charging locations in the UK compared with 8,400 fuelling stations (as of May 2019).  This is a ‘first’ for the fast developing electric car revolution in the UK. There are now over 200,000 plug-in cars on UK roads, with a million electric cars forecast for end 2022.  In 2013, there were only 3,500 electric cars. Public charging infrastructure has increased by 57% in the past 12 months with nearly 14,000 charge points in these locations.  The UK has also seen an increase in the deployment of rapid charging infrastructure, enabling EV drivers to charge within 40 minutes.

e-zoomed view: For all the criticisms about the limited public charging infrastructure in the UK, the overtaking of petrol stations by charging stations, is a significant positive milestone in the adoption of electric vehicles in the UK. Let’s put this in perspective.  The first petrol station in England was opened a 100 years ago in 1919. It took a hundred years to install 8,400 petrol and diesel filling stations.  In comparison, EV public charging infrastructure has achieved more, in far less than a decade.

Germany Extends 1.2 Bln Euro Electric Car Bonus To 2020

Germany extends electric car incentive scheme
Germany Extends Electric Car Incentive Scheme (Credit: ET Auto)

Germany continues its commitment to reducing the country’s carbon footprint.  The extension of the electric car incentive is a continuation of the country’s commitment to clean energy and zero emission transportation.  Like the UK government Plug-In Grant, the German incentive scheme will be for specific models of plug-in vehicles (pure electric) with buyers getting up to EUR 4,000 and EURO 3,000 for plug-in hybrids (PHEV).  Some officials have called for an increase in the government grants from the current levels.

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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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