80% of cars and 74% of vans on the UK road will be electric by 2040. (The Seventh Carbon Budget – Climate Change Committee.)
80% of cars and 74% of vans on the UK road will be electric by 2040. (The Seventh Carbon Budget – Climate Change Committee.)
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[Edited extract from the report.]
EV sales have grown rapidly over recent years. Falling costs will make EVs an attractive option across all market segments by the late 2020s, allowing sales to increase quickly.
* By 2040, 80% of cars and 74% of vans on the road will be electric. The market share of new electric cars increases from 16% in 2023 to 55% by 2027, with electric vans increasing from 6% to 34%. Electric cars and vans reach around 95% of new sales by 2030 and 100% by 2035.
* Uptake modelling suggests that sales of new EVs will increase as they become relatively less expensive than ICE vehicles at the point of purchase, and when there is increased confidence in these technologies. Availability of cheap and reliable charging (including for households without off-street parking) is needed to increase consumer confidence.
* Falling costs, primarily due to cheaper batteries, are a key driver of EV uptake. EVs are assumed to reach price parity with ICE vehicles between 2026 and 2028, depending on vehicle size. The prices of EVs have been falling quickly, and the lifetime cost of an EV is already lower than a comparable ICE vehicle for many drivers due to lower running and maintenance costs.
* Used EVs have now reached upfront price parity with their ICE counterparts.
* From 2022 to 2023, the number of public chargers grew by 45% to 54,000. Continued growth is needed to reach around 300,000 by 2030 and over 550,000 by 2040, to support charging during longer journeys and those who cannot charge at home.
* It will likely eventually become cost-ineffective to maintain a widespread petrol fuelling network. While we have not modelled this, it would impact the feasibility of fossil fuels for general use, which could result in a rapid shift away from ICE vehicles towards the end of the transition.
As a city dweller, who daily breathes in lung fulls of diesel particulates (walked through a cloud of grey haze this morning) – I cannot wait.
Even the best electric cars today get < 200 miles after 15 minutes at a high end facility. It’s just not there compared to 5 minutes giving you 400 mile range.
Where i live in the US lots of houses don’t even have driveways or garages so where would I charge? The closest is a restaurant with a $10 parking lot fee and then pay by usage for charging.
Maybe focus on the fact that 1/3 of the country’s electricity comes from fossil fuels still so you’re powering those cars with the thing they say they want to get rid of.
That seems optimistic. It’s hard setting up charging in old neighborhoods in countries like England.
Winters in upstate Ny don’t support the EV life style. You can legit be without power for a week. Hell even a few years ago Texas and above had rolling brown outs.
I’m sorry I just don’t have enough faith in our power grid. ICE is just more reliable.
Everyone I know who’s switched to EV loves it. It’s cheaper to run and cheaper to maintain. Accelerates faster than gas and has way better braking and handling. I will admit I occasionally speed my little Chevy bolt out of an intersection and leave sports cars and modded Japanese cars in my dust because I find it hilarious.
Very little maintenance. Basically just brakes.