The number of electrical vehicles on UK roads is higher than ever before; 85,000 new registration were created in 2016 compared to only 3,500 in 2013 according to Nextgreencar.com. In this article, VW dealership, Vindis Group provide some insight into the electrical vehicle market and its future.
- Registrations of new electrical vehicles hit a 12-year high in January this year, reaching a record 4.6% share, up from 3.6% in 2016 according to the Society of Motor Manufacturers and Traders (SMMT).
- Globally, the electric market has accelerated past the two million mark, with China, USA and Europe accounting for more than 90% of the electric vehicle sales in 2016.
- Norway has a plan in action to eliminate petrol and diesel cars by 2025 and Germany by 2030.
- The UK is planning to ban the sales of all petrol and diesel-powered cars and vans by 2040 – suggesting their aspirations to become an all-electric vehicle nation.
It comes as no surprise that countries are planning to stop the production of petrol and diesel cars in light of research proving their negative effect on air quality. Electric cars have the potential to reduce carbon emissions in the atmosphere, depending on the type of electricity that charges the battery. They are only as green as their ‘juice’ is. Batteries which are powered by coal do nothing to cut emissions – it’s the natural gas electricity power that helps to reduce CO2 emissions. Natural gas electricity can result in less than half of the total emissions of the best combustion vehicle, including the manufacturing processes.
A growing market
Despite a slow start, the electrical vehicle market is on the rise. In 2013, just 3,500 new electric vehicles were registered. However, the market has shown promising progression in the past few years. One indication of the electric vehicle growth might be seen in the huge shift away from diesels that’s underway across Europe, where its market share has fallen by 3.6% over the last year.
As interest in diesel vehicles fall, the popularity of electric cars continues to grow. Back in 2014, on average around 500 electric vehicles were registered per month – compared with 2017, where in the first seven months of the year, almost 26,000 cars have been registered, averaging just over 3,700 cars per month. It’s a dramatic increase on 2014’s figures.
The trend in purchasing electrical vehicles looks to continue. If plans to eliminate petrol and diesel cars in the UK by 2040 are anything to go by, cities of electric cars will be cleaner and quieter than our current roads.
To have a happy, all-electric vehicle nation, the industry’s downfalls must be addressed. This means lighter batteries with longer charging ranges and quicker charging periods being required across all models. Thankfully, some models with these points in mind have already started to appear on the market and global investment should ensure the progress continues.
More car brands than ever before are jumping on the electric vehicle bandwagon to get a slice of the market share; BMW and MINI revealed new electric plans in July, confirming the MINI EV. Mercedes have also announced their plan to enter Formula E, with the likes of Audi, BMW, Porsche and Jaguar as they attempt an all-electric racing series too.
Norway and Germany are out performing the UK when it comes to tackling air pollution – it’s time for the UK to implement a strategy. If plans are to go ahead, petrol and diesel vehicles will be taken off sale from 2040, meaning electric-only vehicles will be all that are sold on the market. This is something both drivers and brands need to keep in mind within the years approaching 2040.