Electric Vehicle Interest Surges 500% In UK On News Of 2030 Fossil Fuel Car Ban

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  • #130094 Reply
    Brydo

    2030 is a little more than 9 years away, but news of the UK’s plan to ban sales of new gas/diesel cars in 2030 has reportedly led to a surge in interest in electric vehicles (EVs). Practically speaking, there’s one decent reason for that, but the core reason is probably just increased awareness that electric vehicles are becoming mainstream and will eventually take over the market — something that is extremely old news to CleanTechnica readers but still largely unknown to the broader public. Helping the public to learn that the future (the medium-term future even) is electric leads to many more people thinking about their existence and viability right now.

    Among other things, this just shows the power of strong country targets.

    According to BuyaCar.co.uk, electric vehicle inquiries increased by 500% following the news of the stronger timeline. The website, which has more than 60,000 cars available for sale, saw searches for electric cars rise from about 300 a day to “1,679 in the 24 hours following Boris Johnson’s announcement.” They represented 6.5% of vehicle searches in the previous 30 days, and then 10.3% in the day following the announcement from UK Prime Minister Boris Johnson.

    Also noteworthy, being a used vehicle site, BuyaCar.co.uk does not see the interest in electric vehicles that the new car market sees. The company shares that not even 1% of its 2020 sales of used cars were full electrics.

    Naturally, electric vehicles benefit from instant torque, a completely smooth & quiet powertrain, zero emissions, a simple powertrain that results in very low cost operation and much less maintenance, and the glamor of new tech.

    One of the biggest advantages of a good electric car is that it holds its value well — something demonstrated over and over again, especially when it comes to Tesla models. As noted at the top, there is also a practical reason for a surge in interest following the 2030 ban announcement — gas and diesel cars could really see high depreciation as we get closer to 2030. If someone wanted to avoid being stuck with a used fossil fuel vehicle that had depreciated a great deal, resulting in a high total cost of ownership, it seems that it would be smart to go electric sooner rather than later.

    BuyaCar.co.uk focused on the fact that the vast majority of buyers are still buying diesel and petrol cars, especially on the used market. While the crew there may think it’s for logical reasons, I would argue that it’s mostly due to cultural inertia, psychological inertia, and limited availability. All of those barriers can be overcome rather swiftly, especially considering the pace of change in the new-car market. The good news is that people seem to have an increasingly open mind about the new powertrain (which isn’t actually new, but that’s a story for another day). Even the BuyaCar.co.uk team seemed open minded about the transition, despite being probably less optimistic about the growth potential than you or I am.

    “However, there is clearly a long road ahead for the government to ensure sufficient — and affordable — electric new cars, especially given that the overwhelming majority of motorists still aim for petrol or diesel,” BuyaCar.co.uk wrote. “Now, with searches for electric cars suddenly breaking through the 10% mark in the wake of news that all new car drivers will have to have one in 10 years, it will be interesting to see if this translates into increased sales.”

    It will be interesting indeed.

    https://cleantechnica.com/2020/11/21/electric-vehicle-interest-surges-500-in-uk-on-news-of-2030-fossil-fuel-car-ban/

Viewing 10 replies - 1 through 10 (of 10 total)
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  • #130095 Reply
    Brydo

    Not good news for us on motability, there are only a set number of evs available just now. if demand grows manufacturers won’t need motability and the huge discounts they demand.

    Fewer evs on the scheme could be the outcome 😞

    #130118 Reply
    Stuart
    Participant

    This is exactly why i decided to go for one now. I can only see it getting harder to obtain anything half decent over the next 12 months with demand been as high as it is. I seriously think an EV with a decent range will be a thing of the past on Motability if the trend keeps gathering pace at the speed it is doing.

    ----------------------------
    Tiguan SEL Auto in Tungsten Silver
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    Metal Detectorist & scale modeller
    in my spare time
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    #130129 Reply
    Brydo

    Stuart I see you got the KIA Soul EV, great choice, great car and I really like the look of it, the range is really good also. I agree I think you got in at the right time so congratulations.

    Only time will tell how things workout on the motability lottery but IMO it doesn’t look good. I compare the scheme to Groupon or MandM direct as in we tend to get a lot of dross on it but occasionally a gold nugget, in this case Stuart you got the nugget, enjoy your new EV.

    #130132 Reply
    Stuart
    Participant

    Stuart I see you got the KIA Soul EV, great choice, great car and I really like the look of it, the range is really good also. I agree I think you got in at the right time so congratulations. Only time will tell how things workout on the motability lottery but IMO it doesn’t look good. I compare the scheme to Groupon or MandM direct as in we tend to get a lot of dross on it but occasionally a gold nugget, in this case Stuart you got the nugget, enjoy your new EV.

    Thanks Brydo

    Looking forward to driving it and enjoying the extra money we save.

    ----------------------------
    Tiguan SEL Auto in Tungsten Silver
    ----------------------------
    Metal Detectorist & scale modeller
    in my spare time
    ----------------------------

    #130133 Reply
    ChrisK
    Participant

    I glimpsed a bit of ‘Auto Mundial’ today on ITV4 and they had the VW ID4 on there saying its more than likely to be a replacement for the Tiguan.

    Wasn’t a full review in anyway but it did strike me as a possible EV for carrying a fully assembled pavement scooter and hoist and they said size wise its halfway between the current Tiguan and the All-Space ICE versions and that sounds right up my street.

    No prices mentioned that I noticed but can imagine the starting price for base model will be way beyond the Motability price ceiling even if I could afford the AP but time will tell.😢

    #130134 Reply
    Stuart
    Participant

    I glimpsed a bit of ‘Auto Mundial’ today on ITV4 and they had the VW ID4 on there saying its more than likely to be a replacement for the Tiguan. Wasn’t a full review in anyway but it did strike me as a possible EV for carrying a fully assembled pavement scooter and hoist and they said size wise its halfway between the current Tiguan and the All-Space ICE versions and that sounds right up my street. No prices mentioned that I noticed but can imagine the starting price for base model will be way beyond the Motability price ceiling even if I could afford the AP but time will tell.😢

     

    Its the car i was really waiting for as we love our current Tiguan. But looking at the pricing for the ID3 i cannot ever see the ID4 coming onto the scheme as your looking at an EV in the price region of the Tesla model 3 and thats around 45k to 50k not to mention the BHP will be well over 200.

    ----------------------------
    Tiguan SEL Auto in Tungsten Silver
    ----------------------------
    Metal Detectorist & scale modeller
    in my spare time
    ----------------------------

    #130135 Reply
    Brydo

    It will be interesting to hear what the chancellor has to say next week with regard to EV’s. Committing to the ban in 2030 of all ICE cars is one thing but having enough affordable EV’s is another. Will he increase the current grant, can he afford to, if not I struggle to we how we will manage to achieve this target. The good thing for motability is there will likely be a very healthy second hand market with high resale values to go with it.

    #130136 Reply
    gothitjulie
    Participant

    The Chancellor will make a big thing of the new EV battery megafactory that will “drive costs down”.

     

    #130193 Reply
    Azzy

    10 car years is a long time so I could see various different electric vehicles being available to the masses. A car life cycle is usually about 7yrs on average so I think everyone will have enough choice by this time. Technology moves fast.

    #130258 Reply
    Carl

    Like mobile phone technology, there will be newer more powerful models constantly as every car manufacturer will be trying to out do each other.

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