The United Kingdom hit the one-millionth EV milestone in January 2024, signalling a remarkable era of sustainable and green transportation. This achievement coincides with the announcement of ambitious government initiatives designed to fast-track EV chargepoint roll out.
The Million EV Milestone
The UK reached a momentous milestone with a million battery electric vehicle (BEV) registrations since records began. In January alone, 20,935 BEVs were registered, a 21.0% year-on-year increase. This remarkable achievement reflects the commitment of manufacturers to deliver an ever-increasing number of zero-emission models. BEVs held a market share of 14.7% in January, contributing significantly to the nation's goal of sustainable mobility.
Government Initiatives Driving EV Infrastructure
In tandem with this milestone, the UK Government is announced a series of ambitious initiatives to accelerate the installation of EV chargepoints nationwide. The Department for Transport (DfT) unveiled a comprehensive plan, including grants for EV chargepoints in state-funded schools and nurseries, funds for local authorities, and other proposals to enhance chargepoint numbers.
To streamline chargepoint installations, the government launched a consultation proposing changes that would allow EV chargepoint operators to carry out street works using a permit rather than a license. This strategic move aims to reduce costs for operators and accelerate the chargepoint rollout across the country.
Additionally, the UK Government's Local Electric Vehicle Infrastructure (LEVI) fund, totaling £381 million, is playing a pivotal role in accelerating the commercialisation and investment in the local charging infrastructure sector. Recent approvals of capital payments from the fund have further fuelled charging projects, reinforcing the government's commitment to hosting 300,000 public charging points by 2030.
Conclusion
As the UK celebrates the millionth EV on its roads alongside forward-thinking government initiatives this paints a promising picture for the future of sustainable transportation. However, challenges remain, particularly in ensuring private buyers receive adequate support in making the switch to EVs.
With the upcoming Budget, there are calls for targeted measures, including the temporary halving of VAT on new BEV purchases, to drive economic growth, cut carbon emissions, and help everyone make the transition towards a cleaner and greener future.
Sources: SMMT and Edie