AA publishes first UK EV Readiness Index
The AA’s first UK EV Readiness Index has revealed that conditions supporting a widespread switch to electric vehicles have not yet been met.
The quarterly Index has assessed the market according to eight key factors: cost of a new EV, cost of a used EV, cost of EV insurance, cost of home charging and a home charger, cost of public charging, access to charging, EVs running out of charge, and roadside EV repair rates.
Based on these factors, the UK market has been given an EV readiness rating of just 47.5 out of 100.
Edmund King OBE, AA president, said: “Our index is an independent barometer of the issues that are either holding drivers back or propelling drivers to go electric. It is neither pro nor anti EV.
“It shows that upfront costs and charging access are still major concerns. Our polling also suggests battery health and resale values are still issues for some.”
Too expensive
The Index revealed that 24% of 14,915 motorists polled said they would never buy an EV, while 38% said they were too expensive even with the government’s Electric Car Grant, which offers discounts of up to £3,750 for cars under £37,000.
Meanwhile, 20% said they only buy used cars so the grant is unhelpful.
Based on motorist feedback, the AA is now urging the government to consider targeted incentives on used EVs, reduced VAT for on-street charging, quicker development of charging infrastructure, and more EV awareness campaigns.
Confusion
King said: “Drivers tell us they’re excited about going electric and they love the tech, but they’re also confused and cautious. They are unsure how far and how fast they should move to an EV with some waiting for future technological developments to enhance better range and in car systems.
He concluded: “The switch to EVs is part of automotive evolution rather than revolution and our EV Readiness Index shows there is still some way to go before the majority plug in.
“We are confident that the readiness rating will increase with more chargers, less expensive products, targeted incentives and better information.”
