Think tank Bright Blue proposes mixture of new fiscal and regulatory policies to mature the market for battery electric vehicles in report released today (04/02/2021).
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The report released today (04/02/2021) looks at the key barriers to maturing the Battery Electric Vehicle (BEV) market in the UK, and suggests what types of policy interventions that have been and could be implemented to catalyse the market for BEVs in the UK, drawing on international examples.
Patrick Hall, Senior Researcher of Bright Blue and co-author of the report said:
“Whilst the UK Government has taken steps to grow the market for battery electric vehicles and their uptake has been trending in the right direction over the last decade, there remains a long way to go before the UK’s battery electric vehicle market is comparable to that of other high-performing countries. It is imperative that the market for battery electric vehicles – both new and used – grows substantially over the next decade if the UK is to meet its legal net zero 2050 emissions target.
“The common characteristics of an electric vehicle owner include being affluent, well-educated, middle-aged and male. It is important that less well-off households are not left behind in the electric transition, and as such, policies to bolster the second hand market are critical. Focussing on the used market for battery electric vehicles will achieve both better progressive and environmental outcomes.”
The report identifies four key barriers to uptake of BEVs for both households and businesses. In descending order:
The report has a number of recommendations to address the lack of uptake including increasing grants and funding for innovation, make it mandatory for all new vehicle purchases for the public fleet to be BEVs.
It is also recommended that an obligation be put on all local authorities to install on-street electric vehicle chargepoints within three months when requested by residents unless there are reasonable grounds for objecting.
Source: https://brightblue.org.uk/more-radical-policies-needed-to-boost-uptake-of-both-new-and-used-evs/
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