Wednesday 26 May 2021

Motor Vehicle Electrification Update

According to the Association of Fleet Professionals, concerns surrounding Clean Air Zones (CAZs) are two of the top three issues that car and van fleet operators believe they will face before 2026 and they are;

1) Introduction of the CAZs infrastructure - 35%
2) Increased creation of more CAZs - 30%
3) A number of car manufacturers have responded to the recent reduction in Electric Vehicle government grants by slashing list prices, in line with new Plug-in Grant thresholds, bringing them under the newly announced threshold of £35,000 OTR price. These models include derivatives of the Nissan Leaf, BMW i3, VW e-Up, Peugeot e-2008, Citroen e-C4, Vauxhall Mokka-e, Kia e-Niro and Hyundai Kona Electric and Huyndai Ioniq electric.

These price reductions do show that manufacturers have leeway to trim prices, which will help remove another barrier to Electric Vehicle market entry.

Businesses in the UK are planning to spend £15.8 billion on electric vehicles and charging infrastructure over the next 12 months, compared with £10.5 billion in the year to March 2021.

There was a 566% increase in pure electric vehicle registrations in April 2021, from 1374 units sold in April 2020 to 9152 units in April 2021, with an 80% increase in Electric Vehicle sales in Qtr 1 2021, versus Qtr1 2020, according to the Society of Manufacturer and Motor Traders, SMMT, who have also confirmed there are now well over 515,000 pure electric and plug-in Hybrids on UK roads.

Network operators installed an incredible 160 Electric Vehicle rapid chargers across the UK in April 2021, this is the second highest ever seen.

Ford has embarked on a major Electrification programme to transform its full range by 2026 and Land  Rover will launch six pure electric models within five years, including Range Rover.

For March 2021, the Top Ten pure Electric cars leased in the UK were;

1) Hyundai Ioniq
2) Tesla 3
3) VW ID.3
4) Hyundai Kona
5) Audi e-Tron
6) Nissan Leaf
7) Kia e-Niro
8) Vauxhall Corsa E
9) MG Motors UK Zs
10) Jaguar I-Pace

Blog Article Written by: Leon Wilce Fleet Electrification Specialist Consultant - Westcar Consulting leon@west-car.co.uk https://www.linkedin.com/pulse/electrification-update-leon-wilce

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