Published

1 Million EV Fleet in U.K. by 2022?

Chargemaster plc expects there to be more than 1 million electric vehicles in operation in the U.K. by mid-2022.
#hybrid

Share

British battery charging system provider Chargemaster plc expects there to be more than 1 million electric vehicles in operation in the U.K. by mid-2022.

The nine-year-old company, which claims to be the U.K.’s largest provider of battery charging systems, says the region’s EV fleet has soared to more than 100,000 units today from fewer than 2,000 five years ago.

The 1-million-unit bogey is based on a “modest” 7% sales increase per year for EVs, according to CEO David Martell. But he doesn’t rule out steeper sales increases that could lead to as many as 1.4 million EVs on U.K. roads by 2022.

Chargemaster attributes the EV sales boom to falling purchase prices, longer driving ranges, faster charging times and greater consumer awareness and acceptance. The number of models available also continues to grow.

Earlier this month Chargemaster opened a showroom for EVs in London’s Milton Keynes suburb. The 4,000-sq-ft, multi-brand Electric Vehicle Experience Centre features cars from BMW, Kia, Mitsubishi, Nissan, Renault and Volkswagen, which consumers can test drive and compare.

RELATED CONTENT

  • Will Alcraft Take Off?

    “British electric vehicle start-up Alcraft Motor Company has revealed details of its first car, the high-performance Alcraft GT.

  • Bolt EV: Like a Hammer Through a Screen

    Some of you may remember the Apple “1984” commercial that ran on January 22, 1984, the ad that announced the Macintosh to the world.

  • Chevy Develops eCOPO Camaro: The Fast and the Electric

    The notion that electric vehicles were the sort of thing that well-meaning professors who wear tweed jackets with elbow patches drove in order to help save the environment was pretty much annihilated when Tesla added the Ludicrous+ mode to the Model S which propelled the vehicle from 0 to 60 mph in less than 3 seconds.

Gardner Business Media - Strategic Business Solutions