Volvo will only produce electric cars from 2019
At the beginning of July 2017, Volvo announced that they will only be making electric or hybrid vehicles as of 2019.
But how will this affect the market?
Changes are already happening, with the Queen mentioning in her speech that petrol stations and motorway services will be required to install electric charge points. On top of this, the government has joined France in a bid to ban petrol and diesel vehicles by 2040.
in correspondence with these 3 different factors, in the past 4 years we have seen a heavy increase in the volume of electric cars on our roads. For example, in 2013 there was only 3,500 electric vehicles on the road, but at the start of August, 2017 there were 108,000 registered plug-in cars in the UK. Even the fleet industry are starting to adapt their fleets with 4,500 registered plug-in vans.
55 plug-in models are currently available in the UK, however only 13,000 charging points are across the whole of the UK. Although BP and Shell have recently announced it will be building charging points into its forecourts.
So what is it exactly that is putting a pause on the “boom” of electric vehicles? We have constructed a list of some of the most popular reasons people don’t sway towards electric vehicles.
- Current range of the vehicles – people like the current distance they can travel in their fuel vehicles before they have the fill up again.
- Time to recharge the vehicle – with typical recharging times at 6-8 hours, making sure your electric car can run involves a lot of organisation.
- Battery replacement cost – A Tesla car battery costs £25,000+ to replace – just as well they are honouring an eight-year battery warranty!
- Cost – Even with a government grant of £4,500 to buy an electric car, they still come in at an average of £16,500.
However, there are many benefits to electric vehicles that often they outweigh the disadvantages:
- Electric cars could well be safer to drive than their fuel counterparts.
- No fuel costs, just the cost of your electricity.
- Not only will not having to pay for fuel be cheaper, you can get a government grant to buy an electric vehicle and reduced, or no, road tax, giving you savings.
- Electric cars produce no emissions when they are driving down the road
- Electric cars are surprisingly low maintenance, as long as they are used regularly
There are many reasons to buy electric vehicles, but there are also a few arguments against them too. What are you opinions on the matter? Let us know on Twitter using #ASForElectric or #ASAgainstElectric followed by why you voted the way you did.