One Million Electric Vehicles Registered In The UK!

An Increasing Trend

With the registration of the one millionth plug-in vehicle in the UK, September proved to be a great month for electric cars (EVs). According to the most recent data from the Society of Motor Manufacturers and Traders, this year alone accounts for a fourth of all plug-in EVs registered! With 38,116 units, (a 16.5% increase year-on-year), battery electric vehicles (BEVs) registered their second-highest monthly volume in history.

This increasing trend will result in faster adoption of EVs for cars, trucks, and vans, reaching 23.2 million by 2032, or around 55% of all vehicles on the road. The Climate Change Committee states that in order to achieve net zero by 2050, all vehicles, including HGVs, must be fossil fuel free.

A Cheaper Alternative

Electric Vehicles continue to be 40% less expensive to operate per mile compared to petrol and diesel alternatives for drivers who can charge their EV at home (on a normal variable tariff).

Many electrified vehicles are also exempt from road tax (Vehicle Excise Duty / VED), while others benefit from a discount compared to petrol or diesel vehicles. Right now in the UK, fully-electric cars aren’t subject to any road tax at all or the additional tax from year two for vehicles costing over £40,000.

In addition to maintenance costs, there is also financial assistance when purchasing an Electric Vehicle. The UK government's Office for Zero Emission Vehicles (OZEV) offers grants that can help individuals and businesses purchase an electric vehicle or install charging points. The Plug-In Van Grant (PIVG) was extended by two years from March 2022. Large vans (2.5-4.25t) that are eligible for the Plug-In Van Grant include the New All-Electric Ford E-Transit Leader and New All-Electric E-Transit Trend. The grant will pay for 35% of the price for these vehicles, up to a maximum of £5,000. You can claim a total of 1,000 PIVGs for your business or organisation every 12 months from 1st April. You do not need to apply for the grant – we'll take care of it all for you!

Charging Station Demand

With an increase in Electric Vehicles, the demand for electric car charging stations are constantly increasing. In the UK, there were 35778 electric car charging stations spread out over 21378 charging locations as of the end of October 2022. Since October 2021, there has been a 35% increase in charging devices.

1226 new EV charging stations were added to the database last month alone. These numbers illustrate how many electric charging stations make up the public EV charging infrastructure in the UK. They do not, however, count the numerous charge stations set up at residences and workplaces, which are thought to number over 400,000. Some of these EV charging stations offer community or visitor charging, which is a type of accessibility for the general public.

Electric-Only Filling Stations

As EV sales grow, energy giant Shell is reimagining the filling station. A station in Fulham is one of several prototypes offering electric charging only. The station has been all electric since January, with the old petrol pumps being replaced by 10 rapid chargers. It provides a look into the future of mobility for everyone.

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