Today’s Solutions: June 03, 2023

It’s no secret that if we are to prevent the most devastating effects of climate change, we have to make big changes to our consumption-driven lives. One change that will help drive down CO2 emissions is the large-scale abandonment of conventionally fueled vehicles in favor of electric vehicles.

Well, in the UK, the adoption of EVs is picking up speed significantly. It turns out that the UK saw record sales of electric cars last month, with reports showing that more EVs were purchased in March than in all of 2019. This is already outstanding news, but there’s more. March also had the lowest number of total car registration for the month in 24 years!

Turning the corner?

According to the lobby group Society of Motor Manufacturers and Traders (SMMT), March saw the registration of 39,315 new battery electric vehicles, while in 2019, there was a total of only 37,850.

As reported by The Guardian, experts are even saying that electric batteries will become the most in-demand type of fuel as early as 2025.

“At the current rate, sales of new electric vehicles will overtake both traditional petrol and diesel sales by 2025,” states Ian Plummer, the director at car sales website AutoTrader. “There was already massive growth in this segment and, if anything, the demand for vehicles is now even stronger as prices at the pumps rise on the back of the Ukraine crisis.”

Plus, in order for the nation to meet its net-zero goals, the sale of new gas-and-diesel-powered cars will be forbidden after the year 2030, making the switch to EVs all the more urgent.

The demand that manufacturers are seeing in the market is also encouraging them to ramp up their production, making it even easier for consumers to buy electric.

“The good news is car manufacturers are prioritizing EV production. Shorter wait times are yet another reason new car buyers should strongly consider switching to electric,” says James Hind, the CEO of car-trading website Carwow. 

 

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