The Popularity of Electric Vehicles in UK

Added on - 24 Feb 2021

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Research Reporton the popularityof Electric vehicles in UK1
ContentsIntroduction:...............................................................................................................................................3Description:.................................................................................................................................................3Methodology...............................................................................................................................................4Summary of Literature and Data:................................................................................................................5Factors that will drive the growth of EV Market:.........................................................................................8Conclusion:..................................................................................................................................................9References.................................................................................................................................................102
Introduction:The electric car market is having a very fast growth in the world, especially in the Europeanzone. In September 2020, the Plug-in Hybrid Electric vehicles (PHEVs) in the UK saw a 184%increase in registration from the same period last year (Lilly, 2020). Usage of electric cars hasbecome far more rapid because of the government’s plans to end the sale of petrol and diesel carswithin 2030. The UK government is working hand-in-hand with the Committee on ClimateChange (CCC), which predicted that the market for electric vehicles will be 100% by 2035. Thisreport aims at finding the popularity of Electric Vehicles (EV) in UK and the possible reasonsbehind it. It will explore different sources, like- government reports, articles, journals and newsto find out the recent trend of electric vehicle usage and its future.The objectives are:1.to analyse the current UK Electric Vehicle market2.to identify recent trends and patterns of EV market3.to analyse the characteristics of people using EV4.to find out the government’s incentives to more usage of EVsThe overall research will be focused to find the future of Electric Vehicles in UK.Description:As the study focuses on the popularity of Electric Vehicles (EV) and their prospects, a clearidentification of them is required. EVs are also known as ULEVS, which means Ultra LowEmission Vehicles that emit less than 75 gram of CO2 when travelling for 1km. These vehiclesgenerally run on electricity all time. According to the UK Parliamentary Office of Science &Technology (POST), there are 4 different categories of Electric Vehicles:1.All-Electric EV:Here the only power source is battery, which helps to run the vehiclefrom a range of 80- 120 miles or 130- 190 kilometres.2.Plug-in Hybrids (PHEVs):They can switch the power source between electricity andfossil fuels. As they have a smaller battery, their range is between 10- 40 miles only.PHEVs and all-electric EVs are charged by plugging them into electricity grids.3
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