Industrial groups think that the UK’s plan to ban fossil fuel cars’ consumption and production by the end of this decade will require vast efforts by various groups. The transition to electric vehicles has been the UK’s plan to realize net-zero carbon emissions by the end of the next three decades.
RAC explained that the electric vehicle charging infrastructure would have to be widely developed to meet these vehicles’ uptake rate. Additionally, SMMT enumerates the introduction of incentives on electric vehicles to make them affordable. Elsewhere, the head of AA, Edmund King, stated that the ban is achievable if investment and efforts are shifted to support electric vehicle product development and progress.
Initially, the UK was planning to ban ICE cars by 2040 but decided to evaluate the possibility of the economy operating in electric vehicles. The analysis declared that the vehicles must be banned by the end of this decade to achieve the climatic objectives set in the Glasgow summit on climate.
The next climate summit in Glasgow will reveal the country’s stage in preparation to achieve net-zero greenhouse gas emissions. The UK government has promised to supply £1.3 billion to help develop charging stations and points all over England. Additionally, the government revealed that it would introduce incentives on electric vehicles to make them affordable for its citizens. Close to £500 million will be used to manufacture and develop electric vehicle batteries in the coming four years.
Nevertheless, the success of these plans before 2030 is going to be hectic considering the latest statistics. Last year only 1.6% of the new cars produced were electric vehicles in a surplus of 2.3 million new vehicles. This data demonstrates that the country still has more to be done before they can activate the ban.
Electric vehicle sales have escalated this year, showing a positive value for the realization of the energy targets. Manufacturers have started investing in electric vehicles to remain relevant in this industry. Consequently, electric vehicle models have acquired excellent performance, although the prices are still high, calling for the introduction of incentives to suppress this problem.
The chief executive of the Society of Motor Manufacturers & Traders (SMMT), Mike Hawes, noted that the Boris Johnson leadership’s incentives would initiate the growth of the electric vehicle sector and make it competitive. Nonetheless, the performance of this industry is dependent on the disposable income of the consumers.
Finally, Ian Plummer of Auto Trader explains that the real challenge in electric vehicles’ uptake is the high purchase prices. He added that BREXIT trade woes would catalyze more problems in the transition to electric vehicles.https://industribune.net/