SMMT: Business buyers in pole position on Race to Zero as consumers stuck on the grid for electric vehicle adoption

Posted on 26 Mar 2021 by James Devonshire

SMMT Electrified 2021 Electric Vehicle line up featured. Image courtesy of SMMT

The Society of Motor Manufacturers and Traders (SMMT) has called for greater support for private retail uptake of electric vehicles, after new figures show businesses are twice as likely as consumers to make the switch from petrol or diesel to electric.

This content is for subscribers only. Subscribe now for free to read the full article.

Fresh analysis reveals just 4.6% of car registrations by private buyers in 2020 were for battery electric vehicles (BEVs), compared to 8.7% for fleets and businesses. Industry sounds warning over 2030 ambition as retail incentives slashed, while 700 charge points need to be installed daily to support the market. SMMT unveils blueprint for electric…