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UK has ranked 10th out of 47 countries for EV market maturity in a new global study by vehicle leasing company Ayvens.
The study scored each of the countries across six core areas, ranging from the quality and quantity of charging stations available to the total cost of ownership (TCO) versus petrol and diesel.
The UK scored highly in several categories, including range of EV models available and Government tax and regulation, but was set back by increases in the TCO for BEVs precipitated by rises in the cost of electricity.
The cost of running an EV over its lifetime has traditionally been lower for BEVs than for petrol or diesel vehicles but is now on a par.
There were slight increases on last year’s report across the EV adoption and charging infrastructure categories, reflecting the steady increase in new EV registrations and public charge points witnessed in the UK market.
Commenting on the findings, Alfonso Martinez, Managing Director of ALD Automotive | LeasePlan UK (soon to become Ayvens UK), said: “Road transport remains the UK’s biggest contributor of greenhouse gas emissions and the main way we’re going to tackle this is by adopting zero-emission technology. Britain has a unique opportunity to become a world leader in this field, and while there has been considerable progress in recent years, it’s clear there’s still some way to go.”
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By GlobalData“We welcome the Labour Government’s commitment to the EV sector including the development of the nation’s charging infrastructure network. To achieve the UK’s net-zero targets will require a strong vision and a joined-up approach across the entire supply chain, and we look forward to playing our part.”