12 September 2017 – The majority (67%) of UK drivers do not want to buy electric and hybrid vehicles, despite the government’s pledge to ban the sale of new diesel and petrol cars by 2040. Research by comparethemarket.com finds that two thirds of UK motorists would opt for a petrol or diesel car over an environmental alternative, and only 6% of drivers would choose a purely electric model for their next car.
The cost of electric and hybrid vehicles is a major deterrent to nearly half of UK drivers, with 49% saying they could not afford to go green – equating to around 18 million* motorists nationwide. Of these, many (41%) said they simply don’t have the money to buy an electric car and nearly one in ten (8%) are worried that the insurance costs are too high. Their concerns are not unfounded as recent comparethemarket.com analysis found that drivers choosing electric cars are paying 45% more to insure their vehicle than the average motorist – the average premium for an electric vehicle stands at £1,070 for an electric vehicle, against £740 for the average car.
Drivers are also nervous that the UK does not have the necessary infrastructure to support the growth of electric vehicles, as nearly two thirds (65%) revealed that they did not want an electric car because they were concerned about where to charge it. There are currently 4,811* charging stations around the UK but the number of electric cars on the roads predicted to rise, with global sales of battery powered vehicles jumping by 60% last year***. Questions therefore remain as to whether this digital network can expand as fast as required.