Confusion over laws & regulation impacting EV adoption - Fleet Summit
  • fleet
    fleet
  • Confusion over laws & regulation impacting EV adoption

    960 640 Stuart O'Brien

    Confusion around regulations on electric car adoption is actually preventing environmentally friendly vehicles from taking off in the UK.

    According to research from YouGov Custom, only 2% of households currently own a hybrid car, with only 1% owning an electric.

    Laws that will eventually ban diesel and petrol cars are slowly being introduced around the world, however the report says a lack of financial incentives and limited choice is also preventing growth within the electric/hybrid market.

    41% of those polled admitted that they were “somewhat likely” to buy a hybrid car next, while only 19% said the same about purchasing an electric vehicle.

    The YouGov research found that there were three main barriers preventing people form purchasing environmentally friendly automobiles: confusion surrounding financial benefits; incentives not being attractive enough; and a lack of choice.

    Almost three-quarters (74%) said that the initial cost of the car discouraged them from purchasing a vehicle, along with 52% that were put off by the expense of charging the vehicle at home.

    Changes to legislation back in October 2018, which scrapped grants for new plug-in hybrids and reduced discounts on electric cars also added to car owners concerns. A third (36%) of the total population say they’re less likely to consider a hybrid/electric vehicle for their next purchase and this rises to four in ten (40%) among petrol and diesel owners.

    Finally, the lack of choice has done nothing to help elevate sales here in the UK. Ford currently has 13% share of the market, along with Vauxhall with 10%. However, only 4% or 1% would consider either a hybrid/electric car from either manufacturer respectively.

    One car manufacturer who is embracing the hybrid/electric car market is Toyota, who already have seven models available. 7% of those polled considered the manufacturer when choosing an electric vehicle, which happens to be the same percentage of existing drivers who currently own a model by the Japanese brand.

    AUTHOR

    Stuart O'Brien

    All stories by: Stuart O'Brien