UK Interest In EVs Is Growing Fast, 41% Expect To Own One Over The Next 10 Years

NOV 4 2017 BY MARK KANE 7

According to a nationwide survey conducted by Sainsbury’s Bank Loans, interest in electric vehicles throughout the UK is growing very quickly.

Plug-in Electric Car Registrations in UK – September 2017

Some 23% out of over 2,000 respondents in the study said that they are considering buying an electric vehicle sometime in the next 5 years, while 41% expect to own one at some point over the next 10 years.

However the transition to a plug-in world still has a ways to go, for those considering a purchase today (over the next 6 months) the number drops to just 3%, with 14% looking to hybrids.

Real world results would seem to mimic this survey, as current plug-in vehicle sales result noted at 2.2% market share average in August (typically very slow month for auto sales), and 1.8% & in September.

More stats from the survey:  11% are “seriously considering” electric car due environmental reasons, while 16% would be seriously interested in a new plug-in vehicle if all the UK gasoline offered charging stations.

“The bank’s research found recently introduced vehicle-tax changes affected many motorists’ vehicle choices, with 19% saying they would avoid buying new vehicles with higher gasoline or diesel emissions because they are more expensive to tax and 15% saying they would deliberately spend less than £40,000 ($52,800) on a new car to avoid a vehicle tax surcharge.”

source: WardsAuto

Categories: General

Tags: ,

Leave a Reply

7 Comments on "UK Interest In EVs Is Growing Fast, 41% Expect To Own One Over The Next 10 Years"

newest oldest most voted

Yeah, once people get to feel the advantages of electric people won’t go back. They just have to get the price down a bit but that’s coming. I think there will be a lot more than 41% in 10 years.

I think it’s 3-pronged.
1. Incentives to buy an ev
2. Increasing punitive measures against ice
3. Price coming down.

A survey like this only means anything if the respondents actually know what an EV entails… I’ve seen more than one survey that neglected to verify that respondents can differentiate between an EV and a (non-plug-in) hybrid, and understood that an EV requires somewhere you can plug it in regularly — not the case for many UK apartment dwellers.

It’s an important point as charging infrastructure is presumed to get better, though in places with large populations living in apartments it’s a major roadblock to adoption.

I was at the Regent Street motorshow today. The Plug-in cars had huge crowds and a lot of the talk was about running costs. I feel people will buy big into EVs when range is 200miles plus and the price is near parity.

This and a 150kWh+ public charging network would make EV’s fine for 50%+ of the population.

Translation: the electric car is still 10 years away, even though we’re currently actually manufacturing them.

Back when I was a kid, people would ask rather academically “what would happen to pollution if we could buy electric cars?” And now we’re seeing exactly that play out. Painfully slowly.