Since Electric Vehicles were launched there has been huge interest in their adoption levels. This year, the Guardian reports that the UK has seen a sudden significant increase in EV registrations - up 56% on last year. So why has this spike occurred? The SMMT (Society of Motor Manufacturers and Traders) link this to a couple of key factors. In 2011, there were just 6 EV models available.
For a population of over 64 million with varying preferences and lifestyles, this was a considerable barrier. In 2014 this number has jumped to over 20 models, including sports, hatchbacks and performance vehicles. Secondly, the UK government has committed an overall investment of £500m in the EV market, including infrastructure development and grants.
One such grant offers up to £5000 off pure-electric or plug-in hybrid vehicles - unsurprisingly these models have seen the greatest growth. Simple steps to reduce the entry barriers to this market are having a direct effect in the UK, it will be interesting to watch how other countries observe and react.
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