LONDON (Reuters) - Nearly 100,000 electric vehicles will hit British roads by 2020, putting pressure on the government to extend incentives and provide finance for charging points, analysts said on Monday.
People look at Tesla Model 3 vehicles parked in the Regent Street car park during the first public show of the car in central London, Britain October 16, 2017. REUTERS/Toby Melville
The Energy and Climate Intelligence Unit (ECIU) said that 100,000 electric vehicles would be sold in Britain in 2020, equivalent to one in every 10 new cars in the country.
This compares with around 54,000 electric vehicles last year, the second-highest number recorded by ECIU.
The total number of electric vehicles on UK roads by 2021 is forecast to be 485,000, while the average charge point will also double by 2021, to 12 a year.
“Based on the UK’s current rates of uptake, it’s clear that electric vehicle sales are on track to smash the expectations for total car sales and will provide a significant stimulus to the UK’s carbon emission reduction efforts,” said James Lovelock, ECIU energy and climate economist.
“For this reason, these vehicles will have to be given much greater incentives to move the industry from a clear defensive posture to a more growth-oriented one,” he added.
The ECIU’s latest prediction comes as consumer confidence surveys suggest that the focus on renewable energy will soon have more impact on household budgets than fuel duty, which is controlled by the government.
The British government’s chief scientist said in January that introducing road charging to cover other forms of short-distance transport would cut annual UK carbon emissions by 430 million tonnes by 2050, if adopted.
There was a 16 percent jump in the number of electric vehicles registered in Britain in 2018 compared with a year earlier, with 6,320 new cars going on sale that were powered by batteries.