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vehicles
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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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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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Media Mentions
Bloomberg | UK EV demand
Our thoughts on EV demand and how it would boost the whole EV supply chain was featured in Bloomberg today. Discussing the phase-out of fuel cars completely Jacob Briggs said that this would be positive signal for EV investment The increasing EV demand is a positive signal for the whole...
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Media Mentions
Fleet News | BEV registrations
Our research showing the government’s decision to introduce zero benefit-in-kind-tax for battery electric vehicles is having a positive effect on BEV registrations was featured in Fleet News. Resilient demand for BEVs appears to be driven by four key factors.From April 6, changes to the benefit-in-kind company car tax means zero...
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Media Mentions
Air Quality News | EV sales
Katie Hickford commented on Electric vehicle (EV) sales reaching record levels during lockdown in Air Quality News. From 6 April, changes to the Benefit in Kind company car tax means zero-emission vehicles pay no tax in 2020-2021, providing an incentive for businesses to transition their fleets.Also, there have been changes...
