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Based on the company’s own forecasts, it represents a significant increase from 108,205 – the number of battery electric vehicles registered in the UK in 2020 (based on new data released the Society of Motoring Manufacturers and Traders) – a figure which, despite the COVID-19 pandemic, even exceeded January 2020 forecast of 98,500 BEV registrations. The figure does not include plug-in hybrids (PHEVs).
Reasons for this substantial increase in EV numbers include:
Looking further ahead, high numbers of EV sales are predicted from 2025 onwards (around 50% of registrations). Registrations of petrol and diesel vehicles will decline naturally ahead of the 2030 ban, as people will stop buying them due to poor residual values and as EV prices become competitive with prices of ICE vehicles.
Peter Swain, MD of RBW Electric Classic Cars, said: “The interest in EV cars is growing at quite a pace now. Not only because of the deadline, but because the way electric vehicles are progressing, the advancements in infrastructure for charging, and the wealth of choice.”
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