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Electric Vehicles
-
Press Releases
Drastic dip in Ireland’s EV charge-point expansion
Ireland's year-on-year growth in publicly accessible charge-points for Battery electric vehicles (BEVs) has seen a substantial drop in Q323, falling by 111 percentage points compared to Q322. The data analysed for Cornwall Insight and law firm Shoosmiths’ Electric Vehicle Country Attractiveness (EVCA) Index1, has shown that despite previously holding the...
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Press Releases
Government needs to step up support for EVs to stop falling behind in transition
Setbacks in crucial support programs like the Rapid Charging Fund, cuts to electric vehicle (EV) passenger car purchase incentives for most consumers, and a rollback of petrol and diesel phase-out targets have seen the UK drop behind much of Europe in the race to grow EV fleets. The data analysed...
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Press Releases
Ireland’s EV surge outpaces most of Europe
New analysis has revealed that Battery Electric Vehicle (BEV) growth in Ireland over the past year has surged ahead of most major European countries. The data, analysed by Cornwall Insight and law firm Shoosmiths for their Electric Vehicle Country Attractiveness (EVCA) Index1, shows Ireland has grown its BEV sales by...
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Media Mentions
Envirotec|70% rise in public charge-points
Jamie Maule a Research Analyst at Cornwall Insight, featured in Envirotec magazine speaking on our new Electric Vehicle Country Attractiveness (EVCA) Index. He discussed how the increase in electric vehicle charging points in the UK signifies a positive stride towards an electrified transportation future. Envirotec
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Press Releases
UK sees 70% rise in public charge-points for electric vehicles over past year
The UK now has one publicly accessible charge point for every 11.2 Battery Electric Vehicles (BEV) on the road, having seen a remarkable 70% jump in charge points over the past year. The figures, utilised in the calculation of the Electric Vehicle Country Attractiveness (EVCA) Index by Cornwall Insight and...
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Press Releases
Ireland leads Europe in growth of electric vehicles
Ireland has seen the highest growth in the electric vehicle (EV) market share rising an impressive 81.3% from 2021- 2022. The data taken from the new Electric Vehicle Country Attractiveness (EVCA) Index, developed by Cornwall Insight and law firm Shoosmiths, identified the year-on-year growth of large European countries with Ireland,...
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Press Releases
UK recognised as one of Europe’s top countries for Electric Vehicles
The UK has been ranked the 5th most attractive European country for Electric Vehicle (EV) market potential, according to the Electric Vehicle Country Attractiveness (EVCA) Index. The new Index developed by Cornwall Insight and law firm Shoosmiths identifies a range of factors1 from purchase subsidies to national EV charging targets...
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Press Releases
Integrated energy solutions could cut cost of UK wholesale market by 25%
Modelling from Cornwall Insight has shown that in 2035 widespread use of integrated energy solutions could save the UK's wholesale energy market £13bn per year, representing a 25% cost reduction. The data is included in the independent research paper ‘Integrate to Zero’ prepared by Cornwall Insight and commissioned by the...
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Press Releases
Local Authorities in South East struggle to consult with communities on EV strategies
A new survey looking at the readiness of local authorities (LAs) for the mass adoption of electric vehicles (EVs) in the South East has found that only 18% of those surveyed had consulted with local businesses on an EV charge point strategy, while half had spoken to local residents1. The...
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Press Releases
Incentives for off-peak charging of electric vehicles could ease stress on the grid
New data from Cornwall Insight Australia's EV uptake model shows that under an extreme scenario, 22 million electric vehicles (EVs) are expected to be part of the National Electricity Market (NEM) states’ fleet by 2052. The scenario is based on a high population and an EV penetration rate of 98%...
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Press Releases
Energy crisis sees electric vehicle charge points raise prices during peak times
High wholesale electricity costs have seen three charge point operators (CPOs) in the UK raise the cost of charging electric vehicles (EVs) at peak times. GeniePoint, Ubitricity and Char.gy have all joined Tesla in deploying dynamic pricing across their public networks, offering drivers lower rates for charging at off-peak hours,...
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Press Releases
Co-location of energy could significantly cut the cost of expanding renewables
A new report from Cornwall Insight and national law firm Weightmans on the co-location of energy assets, entitled “Co-location, co-location, co-location”, has laid out the significant cost savings of using one grid connection for multiple renewable generation or storage assets. The report outlines how co-location could incentivise the development of...
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Press Releases
Charge point operators facing uncertain future when government support scheme ends in April
The energy crisis has pushed up the price of charging electric vehicles (EVs) on the public network, leaving both rapid and ultra-rapid charging, on average, significantly more expensive than refilling a petrol or diesel car. The government’s Energy Bill Relief Scheme (EBRS) has brought a six-month reprieve to business customers,...
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Press Releases
Swappable car batteries could accelerate UK’s transition to electric vehicles
Swappable car batteries could play a vital role in the UK’s move to electric vehicles, while aiding the government’s plans to stop the sale of new petrol and diesel cars by 2030, according to a new report from Cornwall Insight and law firm Shoosmiths. The paper - Battery-as-a-Service: an underexplored...
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Press Releases
National Electricity Market may be overwhelmed by increase in electric vehicle use
Data analysed by Cornwall Insight Australia has shown the National Electricity Market (NEM) may become overwhelmed by peaks in demand caused by the charging of Electric Vehicles (EVs). Using data from the 2022 Integrated System Plan released by the Australian Energy Market Operator (AEMO), Cornwall Insight Australia have plotted expected...
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Press Releases
Increasing Electric Vehicle take-up will strain electricity distribution systems
Data from Cornwall Insight Australia has shown the challenges facing local electrical distribution systems as more people make the switch to electric vehicles (EVs). The high and random energy consumption of EVs is causing voltage imbalances in residential areas, with imbalances likely to increase as more people make the switch...
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Press Releases
Only a quarter of EV drivers on time of use tariffs despite significant opportunity for savings
Research from Cornwall Insight has found only a quarter of private electric vehicle (EV) drivers have made the switch to lower priced time of use tariffs, despite many drivers seeing their household electricity demand double after making the switch to an EV. Time of use tariffs – where p/kWh rates...
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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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Media Mentions
Business Motoring | EV feature
Katie Hickford Analyst at Cornwall Insight featured in Business Motoring's EV guide. She shared her thoughts on the current choice of electric vehicle (EV) tariffs on the market. Katie explained that at the current choice of tariffs available to new EV owners is small, with a total of 11 suppliers...
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Media Mentions
Fleet News | EV charging tariffs
Our research on the number of electric vehicle (EV) tariffs featured in Fleet News. Research showed around 17 EV tariffs are available, with some of the tariffs still in testing phases and not available to all customers. On top of this number, there are 11 Time of Use (ToU) EV...
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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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Media Mentions
PV Europe | Plug-in Car Grant for EVs
Our analysis showing that despite the reduction to the Plug-in Car Grant a large majority of EVs still qualify for the grant featured in PV Europe. Although this is the case, there was clearly some concerns about the effect of the reduction, with the latest figures from the Society of...
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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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Media Mentions
Smart Energy International | Time of Use tariffs uptake
Research from our ‘Connected homes insight service’ which found both suppliers and consumers have made tentative steps to explore Time of Use tariffs was featured in Smart Energy International. Despite the low adoption at the moment, ToU offerings could become as popular as single-rate tariffs over the coming decades. According...
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Press Releases
Uptake of Time of Use tariffs still low, but set to increase
Research from Cornwall Insight's 'Connected homes insight service' has found both suppliers and consumers have made tentative steps to explore Time of Use (ToU) tariffs. However, adoption of these tariffs is anecdotally low at the moment, and ambitious innovation and uptake has been held back by slow industry processes and...
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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
Fleets set to unlock an electric vehicle revolution
UK fleets have the potential to accelerate an electric vehicle (EV) revolution, with a shift to zero tailgate emissions generating fuel cost savings of around 63% across a fleet and significantly boosting the second-hand car market according to a new report from Cornwall Insight and PwC - “Leading the charge!...
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Press Releases
Irish electric vehicles sales lag behind 2030 target levels
Research into Irish electric vehicle (EV) uptake by Cornwall Insight Ireland shows that EV sales are up 53% year-to-date. However, this still lags behind the Irish government’s Climate Action Plan 2019. The plan set a target to have 950,000 EVs on the road by 2030. The below graph compares the...