According to a new white paper by JATO Dynamics Ltd1, both the short and long terms outlooks for EV are positive, with sales expected to hit record levels from this year. The study forecasts that the global market will reach sales in excess of 700,000 units this year thanks to strong growth in China, Europe and the USA – with an expected 5.5 million EVs to be on the road by 2025.
Steve Everard, head of Rexel Energy Solutions UK, comments: ‘Amid growing awareness, concerns around fuel prices and Government stimuli – with the UK Government recently pledging to ensure the majority of cars and vans will be zero emission by 2050 – the fact is that the future of the automotive industry lies in EV.’
The report asserts that a survey undertaken by Deloitte in 2011 showed that 44 per cent of respondents in the UK said they were unlikely to consider an EV; while a more recent study by the UK Government shows 81 per cent of young people would consider this type of vehicle when buying their first car.
Steve adds: ‘It is not surprisingly that today’s younger generations are much more receptive to the EV concept; after all it is typically easier in any domain when starting out from scratch as opposed to breaking the traditional mindset.
‘However, if we are to achieve a bright EV future it’s important to have buy-in from everyone. Therefore, from manufacturers bringing new innovations to market and Governments providing incentives through to commercial outlets providing charging infrastructure, we all have a job to do it making the EV transmission as easy as possible until it comes to be the norm.’
Find out more by visiting www.rexel.com