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Vanerama says government EV charging investment is “insufficient”

Vanerama has rejected the government’s planned investment in electric vehicle charging infrastructure as “insufficient.”

Andy Alderson, founder and CEO of online leasing brand Vanarama, warned that the significant increase in EV demand since the fuel crisis poses an overwhelming capacity risk.

He said orders for electric vehicles surged more than 1,000% in 2021 and more than doubled since the start of fuel shortages in late September. The online leasing market currently processes an average of 55 pure electric vehicle orders daily and will provide customers with more than 20,000 EVs next year.

But he said the surge in consumer demand for EVs far outstripped utility points, and the £ 620 million investment announced this week as part of the government’s Net Zero strategy is sufficient. It states that it is not.

Alderson said the failure of the minister to accelerate investment risks stagnating the switch from internal combustion engine vehicles, jeopardizing the goal of discontinuing sales of all gasoline and diesel vehicles by 2030. Warns.

He states: “Government needs to act swiftly and act in order to move smoothly towards the Net Zero goal. The demand for electric vehicles is huge and that demand is constantly growing, but utility bills. If you do nothing to improve the availability of points, you run the risk of losing momentum.

“All automakers are accelerating their plans for electric vehicles, and it is imperative that the government follow suit.”

According to a report published earlier this week by independent transportation research organization New AutoMotive, it is estimated that the UK will need 230,000 to 280,000 public chargers by 2035 to meet demand. Currently there are only 24,000.

The report estimates that 40-50 charging points need to be installed nationwide daily to meet current demand.

This demand is that 50% of all car orders placed through Vanarama are for fully electric vehicles (62% including hybrid models).

Throughout the year (since 2021), orders for electric vehicles have increased by 1011% at 2020 levels.

Current forecasts suggest that this trend will continue to accelerate, with Vanarama expecting to offer more than 20,000 all-electric models to its customers in 2022.

Alderson concludes: “Electric vehicles have grown in popularity over the last few years, but the pace of change has been unexpected since the pandemic, especially after the fuel crisis.

“It’s hard to see this as anything other than a turning point where drivers turn their backs on gasoline and diesel and move to lower running costs for EVs and zero tailpipe emissions.

“The majority of EVs on the market today are more than able to meet the needs of the average driver, but public charging infrastructure requires a huge investment.”



Vanerama says government EV charging investment is “insufficient”

Source link Vanerama says government EV charging investment is “insufficient”

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