The electric vehicle revolution
Electric vehicles are nothing new. In 1910, Thomas Edison said: “Electric cars are the future of transportation.”
Little over 100 years later, that prediction is finally coming true and electric cars have come a long way. The electric vehicle revolution is here and it could turn out to be more dramatic than anyone has yet realised.
The electric car market is growing quickly, with more than 128,500 pure-electric cars on UK roads at the end of May 2020 - and over 315,000 plug-in models including plug-in hybrids (PHEVs). The most recent set of figures from the Society of Motor Manufacturers and Traders (SMMT) show that pure-electric models accounted for 6% of total new car registrations, whilst adding in PHEVs takes that figure up to 10%.
Registrations for pure-EVs in the first six months of 2020 are up 86% compared to 2019. Almost 31,000 pure-EVs have been sold in 2020 to the end of June. Looking at all plug-in vehicles, that total rises to 50,500 units.
"The electric car is on its way, and its on its way with real vengeance"
Ian Callum, Director Of Design, Jaguar Cars
It is predicted a ‘tipping point’ will be reached in 2020, when electric vehicles’s become a more economic option than traditional petrol or diesel cars.
There has been a huge increase in the number of electric and plug-in hybrid models available in the UK, with each of the 10 best-selling brands now offering an EV as part of their model range.
Audi, Nissan, Ford, Volvo, Volkswagen, Porsche, BMW, Jaguar, Renault, Toyota, Kia and of course Tesla, are among those investing billions in new generation electric vehicles.
Even Bentley is developing its own all-electric car.