Electric cars are becoming increasingly popular in the UK, with sales of new electric cars increasing by 76.3% in 2021. As of December 2022, there are an estimated 660,000 electric cars (EVs) on the road in the UK and over 445,000 plug-in hybrids (PHEVs), as of the end of December 2022.
The growth of electric cars in the UK is being driven by a number of factors, including government incentives, falling battery costs, and increasing awareness of the environmental benefits of electric cars.
The UK government offers a number of incentives to encourage people to switch to electric cars, including a grant of up to £2,500 towards the purchase of an electric car and a tax exemption for electric cars purchased before 2025. The government also plans to ban the sale of new petrol and diesel cars from 2030.
The cost of batteries for electric cars has fallen significantly in recent years, making them more affordable for consumers. In 2011, the average cost of a battery for an electric car was £20,000. Today, the average cost of a battery is £6,000.
Awareness of the environmental benefits of electric cars is also growing. Electric cars produce zero emissions, which helps to reduce air pollution and climate change. Electric cars also require less maintenance than petrol or diesel cars, as they do not have an engine or transmission.
The UK is well on its way to becoming a leader in the adoption of electric cars. With government incentives, falling battery costs, and increasing awareness of the environmental benefits of electric cars, the future of electric cars in the UK looks bright.
Here are some of the most popular electric cars in the UK:
These cars offer a variety of features and benefits, making them a popular choice for drivers looking to make the switch to electric. At GAPinsure.com we’re excited about the UK’s transition to electric cars, you can find out more on electric vehicle gap insurance on our website or contact one of our expert advisers.