Green Economy works with buyers and suppliers of low carbon products and services to improve access to the technologies and services that will facilitate the transition to net zero. We also work with local and regional policy makers to grow your local green economy.
Green Intelligence, powered by Green Economy, has been keeping businesses in the know since 2013. With the latest environmental legislation and sector news, along with market intelligence and thought leadership from green business experts, we are here to help you navigate the complex and fast paced green economy.
The UK’s electric vehicle market grew by 19 per cent in 2018, with almost 60,000 new plug-in electric cars registered, according to the government-backed Go Ultra Low campaign.
The end-of-year figures mark the seventh consecutive year of growth for the electric vehicle market and the most successful to date, with the number of pure electric and plug-in hybrid cars registered to date in the UK now standing at almost 200,000.
Plug-in hybrid models held the bulk of the market, accounting for nearly three quarters of registrations. However, pure electric cars also saw a significant boost in 2018, up 14 per cent on the previous year.
In a statement, Go Ultra Low, which provides a one-stop shop for information about owning and running electric vehicles, said the increasing number of models available for consumers and businesses was helping to drive up demand.
According to a poll of 2,000 people commissioned by Go Ultra Low, nearly a fifth of Brits would like to make the switch to an electric vehicle in the near-future.
Poppy Welch, head of Go Ultra Low, said: “In the context of the wider new car market, it is fantastic to see plug-in car registrations continue to go from strength-to-strength.
“Looking at the year ahead, 2019 is set to be a pivotal one for the electric car market. With even more new models being released [in 2019]… we’re confident that the next 12 months will be a landmark year for the nation’s switch to electric.”
The government has put in place a ‘Road to Zero’ strategy to ensure at least half of all new cars will be low emission by 2030 through a “massive expansion of green infrastructure”.
As part of the strategy, grants for plug-in cars and vans have been extended into the 2020s, with a tighter focus on supporting just pure electric vehicles rather than hybrids.