Rivervale Leasing reveals the UK is not yet ready to embrace EVs

So far in 2020, the latest figures show that 75% of registrations are for petrol or diesel cars, suggesting that the UK isn’t ready to make the change to EVs. Rivervale surveyed drivers to reveal how they really feel about electric cars and if people are ready to make the change.

The study shows that drivers won’t make the switch because of high costs, limited charging access and poor range, but is any of this true?

The survey reveals that drivers have outdated ideas of EVs as they don’t think they have developed over the past five years.

The study found:

• Some two in five believe that petrol and diesel cars are cheaper to run, (which isn’t true);
• 64% think we have fewer than 20,000 UK charging points – (there are actually 34,000);
• Only 3% know how long an EV battery lasts for – 85% think it’s a lot less than it actually is;
• Two in five believe the range of electric cars hasn’t improved over the last five years

Rivervale’s survey found that drivers’ mains concerns were EVs being too expensive, as 37% said they wouldn’t buy one because of the cost, yet 90% of new cars are financed, so the expensive initial cost only affects one in 10 drivers who purchase their vehicle outright.

Electric cars have been shown to be cheaper to run, as the monthly costs are less than the equivalent petrol version, which could save customers an average of £107 a year.

Strangely, one in 10 drivers believe that there is a limited choice of EV manufacturers available. However, 40 manufacturers are currently producing electric cars, including well-known brands like Tesla, Audi, Mercedes-Benz, Ford and Volkswagen.

Rivervale analysed tweets from Jan-Oct 2020 to find out how the UK really feels about electric cars. The data revealed that shows Leeds has the worst view of EVs with 35% of tweets about EVs having negative connotations. They were closely follow by Manchester and Bristol with 34% and 33% respectively. Liverpool is the most forward-thinking city, with 68% of tweets showing optimism towards electric vehicles.

You can see more about the survey here.