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Our car’s electric

January 19, 2024
Information published was correct at the time of writing

Electric cars unsuitable for almost half of UK homes, according to report

Electric cars are growing in popularity as consumers become more aware of their environmental benefits, yet under a half of all homes are unsuitable for electric car charging.

According to research, the current infrastructure in UK homes can only accommodate electric charging points for 56% of households, leaving many unable to switch to electric vehicles[1].

INFRASTRUCTURE NOT BEING UP TO PAR

Despite this, there has been a significant increase in the number of people opting for electric vehicles, with Battery Electric Vehicle registrations rising by 38% in the past year. However, over a quarter (27%) of those who drive petrol cars still have concerns about the country’s electric vehicle infrastructure not being up to par.

The UK will stop selling new petrol or diesel cars in 2030. However, the study also reveals that over two-fifths (44%) of UK homes are not suitable for electric vehicle ownership.

EXCLUDED FROM SUSTAINABLE DRIVING

Unfortunately, those without garages or dedicated parking spaces may feel excluded from sustainable driving due to the lack of available charging points. The data shows that around 30% of people applying for a mortgage do not have space for a car or garage. Although new laws require house builders to install electric charging points in newbuild homes, workplaces and supermarkets, many people will still be unable to charge their electric vehicles at home.

NOTABLE DIFFERENCE IN OPINIONS

Homeowners with private driveways seem to be more confident about owning an electric vehicle as they can make provision for charging it. The UK’s charging infrastructure is improving, with over 36,000 charging points across 21,000 locations; however, many rural areas still face challenges.

There is a notable difference in opinions regarding charging infrastructure across different regions. While London’s high number of flat-dwellers poses a charging challenge, residents of the capital are more likely to believe that charging coverage is adequate (54%).

CHARGING POINTS AVAILABILITY

In contrast, only 22% of Midlands residents share this perspective. Nationally, less than one-third (30%) of people have a favourable view on the availability of charging points.

The cost of living crisis has influenced many people’s driving decisions. Nearly half (48%) of Britons are driving less due to fuel costs, with 30% stating that they have delayed purchasing their next vehicle by an average of two years.

COST OF LIVING CHALLENGES

This trend could result in slower adoption rates for electric cars as 18% say they are now less inclined to buy one because of cost of living challenges.

Moreover, when it comes to installing a home charging port, hardware and installation expenses will also be a factor to consider, with an average cost of around £1,000.

Don’t forget, our professional friendly advisors are on hand to support you and can help you explore all of your options.

Source:

[1] Lloyds Bank – Nearly half of UK homes unsuitable for electric cars – 30/12/22

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