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Battery Electric Vehicles
-
Press Releases
EVs are predicted to increase electricity demand by 71.6TWh
The latest figures from Cornwall Insight’s ‘Benchmark power curve’ forecasts that by 2040 EVs will contribute an additional 71.6TWh, this is a massive 31 times higher than the current level of demand for electricity from electrified transport and 25% of current annual demand which stands at 299TWh (excluding losses). According...
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Press Releases
Does the number of EV tariffs match the EV burgeoning sales?
Figures from the Society of Motor Manufacturers and Traders Ltd (SMMT) showed that combined, Battery Electric vehicles (BEVs) and plug-in hybrids (PHEVs) accounted for 17.2% of new car sales in June, with BEVs accounting for more than one in 10 registrations. Despite the boom in electric vehicle (EV) sales, Cornwall...
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Press Releases
Half of EVs still eligible for Plug-in Car Grant despite cut to threshold
In March this year, the government reduced the Plug-in Car Grant by £500 to £2,500 for cars priced £35,000 (previously £50,000). However, despite the cut to the Plug-in Car Grant by the government, more than half of the current electric vehicle (EV) models are still eligible for the grant. Katie...
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Press Releases
Electrifying your fleet? We look at three battery electric vehicles
We conducted research into the Society of Motor Manufacturers and Traders (SMMT) vehicle registration data. We found that Battery Electric Vehicles (BEVs) in 2020 have already grown 76.1% on the whole of 2019. Katie Hickford, our Analyst said that during COVID-19 lockdown there has been a backlog of already ordered...
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Press Releases
Could COVID-19 positively impact future EV sales?
Research into the Society of Motor Manufacturers & Traders (SMMT) vehicle registration data by Cornwall Insight shows Battery Electric Vehicles (BEVs) in 2020 have already grown 76.1% on the whole of 2019. SMMT recorded the lowest September car sales this century at 328,041 vehicles, down 4.4% on September 2019. Despite...
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Press Releases
Electric vehicle sales during lockdown give us a glimpse into the future
Further research by Cornwall Insight into data published by the Society of Motor Manufacturers and Traders (SMMT) shows that despite a 97% drop in vehicle sales and difficult market conditions, there continues to be demand for Battery Electric Vehicles (BEVs). In fact, 1,374 BEVs were registered during April, accounting for...
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Press Releases
Market share of electric vehicles doubles in FY20
In a landscape of stagnating new car sales, electric vehicle (EV) sales have soared. With further analysis by Pixie Energy on the Society of Motor Manufacturers and Traders (SMMT) figures* showing the market share of EVs almost doubling in the first half of the Financial Year FY20. The below graph...
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Press Releases
Electric vehicles on track to pass National Grid’s Consumer Evolution projections
Data published by the Society of Motor Manufacturers and Traders (SMMT) last week saw battery electric vehicles (BEV) record their largest-ever monthly share of new car registrations in August 2019. Further research into these figures by Cornwall Insight shows that at the current pace of BEV registrations the UK is...
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Press Releases
Cornwall Insight Ireland comments on the half-yearly Irish EV sales
Although the Irish passenger car market is down 7.36% on 2018 for the year-to-date (YTD), the sales for alternatively fuelled (BEV, PHEV and hybrid-electric) passenger cars have shown steady growth. A total of 9,582 alternatively fuelled vehicles have been sold for the YTD, a 69% increase on 2018’s total. The...
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Press Releases
Solutions to electric vehicle range anxiety
Tom Lusher, Analyst at Cornwall Insight, presented at the Technology as a Service (TaaS) Energising Future Mobility Conference 2019 at the National Conference Centre in Birmingham today. He spoke on the issue of range anxiety and how vital it is for industry players to work together to tackle this obstacle...
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Press Releases
Could the UK learn from Norway’s electric vehicle market?
During the first quarter of 2019, battery electric vehicle (BEV) registrations grew by 87.5% across the European Union (EU) and the European Free Trade Association (EFTA), in comparison to the same quarter in the previous year. In fact, the total number of BEVs registered across the EU and EFTA almost...
