The Role of Charging Infrastructure in Driving EV Growth

The automotive industry is undergoing a significant shift towards electric vehicles, with petrol-powered vehicles still holding the majority share of the market. However, the rise in popularity of battery electric vehicles (BEVs) and other electric options like plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicles (HEVs) is a clear indication of consumers’ growing interest in more sustainable transportation options.

Despite the increasing sales of BEVs, there is still a concern about the rate of adoption and the need to incentivize consumers to make the switch to electric vehicles. Affordability remains a key factor, with many consumers expecting to spend less than £30,000 for a new or used EV. The introduction of a wider range of affordable EV models in the market, including those from new brands, is expected to drive growth in the sector.

One of the main barriers preventing consumers from considering electric vehicles is the lack of charging infrastructure. According to Deloitte’s Global Automotive Consumer Study, 46% of UK consumers are concerned about the availability of public electric chargers. This lack of access to public charging points is a significant deterrent for potential EV buyers. However, consumers who have access to off-street parking for home charging are much more likely to consider purchasing a BEV.

To support the growth of electric vehicles, there needs to be a concerted effort to address the challenges related to charging infrastructure. By expanding the network of public charging points and incentivizing the installation of home charging solutions, more consumers may be encouraged to make the switch to electric vehicles. Ultimately, improving access to charging infrastructure is crucial in driving the adoption of electric vehicles and achieving the required market share as set out in the zero emission vehicle mandate.