Petrol and Diesel Cars Scrapped More Frequently Than Electric Vehicles: Industry Trends and Future Outlook
As the world shifts towards a more sustainable future, the automotive industry is also making significant changes. Recent data has shown that petrol and diesel cars are being scrapped more frequently than electric vehicles, as drivers and car makers alike make the switch to cleaner alternatives.
Insurers and car makers are leading the charge in getting rid of more petrol and diesel cars, with statistics revealing that electric vehicles are less likely to be scrapped compared to their traditional counterparts. This trend is not only a reflection of the industry’s commitment to reducing emissions and promoting sustainability but also highlights the durability and potential cost-effectiveness of electric vehicles.
With the UK aiming to ban diesel and petrol cars by 2035 as part of its net-zero commitment, the push towards electric vehicles is only expected to accelerate. Thom Groot, CEO and Co-Founder of The Electric Car Scheme, believes that affordability is a key factor in driving the adoption of electric vehicles. As prices continue to drop and more affordable options become available, the barrier to entry for EVs is expected to decrease significantly.
Groot’s optimism is shared by many in the industry, who see the potential for a significant increase in EV uptake in the near future. As the used EV market matures and cheaper Chinese EVs enter the market, the prospect of owning an electric vehicle for less than £200 a month is becoming increasingly realistic.
The transition to electric vehicles may not be linear, but with the right incentives and support, the UK is well-positioned to achieve its 2035 target. The Electric Car Scheme aims to simplify the process of getting behind the wheel of an electric car, making it more accessible and affordable for consumers.
As the automotive industry continues to evolve, the shift towards electric vehicles is not just a trend but a necessary step towards a cleaner and more sustainable future. With the right infrastructure and support in place, the era of petrol and diesel cars may soon be a thing of the past.