RAC Report Predicts Future Market Share of Plug-In Vehicles Through 2030 in UK

5 years ago by Eric Loveday 1

Production Figures From European Automakers

Production Figures From European Automakers

An exhaustive report (176 pages in PDF form here), commissioned jointly by the RAC Foundation and the UK Petroleum Industry Association (bolded on purpose here), was released just days ago.  It’s focus is outlined rather precisely by its title “Powering Ahead: The Future of Low Carbon Cars and Fuels.”

The report covers all sorts of aspects related to low carbon vehicle and alternative fuels in the UK and we’re certainly not going to bore you with all those details.  Instead, we picked one section of interest and present it here mostly in screen captured images from the RAC report.

First, some background is in order.

The report says plug-in vehicles sales in the European Union in 2011 hit 11,000 units and says “electro-mobility” is firmly on track.  According to the report, registrations of vehicles with traditional combustion engines will fall by 2020, while registrations of electric vehicles will increase by 7 percent

The report does say that consumers find plug-in vehicle to be too expensive and that even subsidies have failed to boost sales to levels some optimistically predicted they be at by now.

“Sales of electric cars are set to fall far short of official expectations. Electric vehicles remain a controversial subject.”

Remember who commissioned the report?

Regardless, there are a few highlights from the report, including that sales of plug-in vehicles in the UK are predicted to hit 200,000 units annually by 2020 and that bit by bit, electrified vehicles will gain market share.  Now is when we turn to those screen captured graphics from the RAC’s report.  They’re self-explanatory, we think.  So, here we present them with no further comment.

Plug-In Hybrid Predictions

Plug-In Hybrid Market Share Predictions in UK

Electric Only or Pure Electric Vehicle Predictions

Electric Only or Pure Electric Vehicle Market Share Predictions in UK

Extended Range Electric Vehicle Predictions

Extended Range Electric Vehicle Market Share Predictions in UK

All Plug-In Vehicles Combined Predictions

Combined Plug-In Hybrid and Pure Electric Vehicle Market Share Predictions in UK

Now’s the time to comment away.  As we see it, despite the negatives found throughout the report, a 20 to 50 percent share in just 17 years is definitely what we’d consider success.  Heck, even 10 percent by 2020 would represent obvious progress.  What’s your take?

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One response to "RAC Report Predicts Future Market Share of Plug-In Vehicles Through 2030 in UK"

  1. kdawg says:

    haha.. even my crappy crystal ball can make predictions like that. Umm, I think they will have 10%-75% of the market share by 2030.