Skip to main content

26% of UK respondents expect to buy an alternative fuelled car by 2024

26% of 2,000 UK car buyers are expecting to purchase an electric or hybrid vehicle within six years, 45% of which cited that electric is better for the environment, according to a study conducted by Motorway.co.uk. The inquiry showed that 11% are planning on selecting an electric car while 15% are prepared to choose a hybrid model. Additionally, 34% said they would transition to electric as they believe these vehicles are cheaper to run, 28% stated that the more advanced technology attracted them, while
March 5, 2018 Read time: 2 mins

26% of 2,000 UK car buyers are expecting to purchase an electric or hybrid vehicle within six years, 45% of which cited that electric is better for the environment, according to a study conducted by Motorway.co.uk. The inquiry showed that 11% are planning on selecting an electric car while 15% are prepared to choose a hybrid model.

Additionally, 34% said they would transition to electric as they believe these vehicles are cheaper to run, 28% stated that the more advanced technology attracted them, while 18% think they will offer a better driving experience.

Just over a quarter of respondents said they would remain with traditional fuel types for their next purchase. 52% highlighted that inadequate charging infrastructure, including not being able to charge from home, is preventing from switching to electric.

Over a third of these participants said that electric cars are still too expensive compared to fossil-fuelled options and just over a quarter admitted that they did not know enough about electric cars and the technology.

The data suggested differences in attitudes between older and younger respondents. 13% of 18-34-year-olds expecting to buy an electric car next, compared to 10% of 35-54-year-olds and 9% of car buyers aged 55 and over.

Older demographics also revealed a strong interest in hybrid fuel types. 19% of respondents aged 55 or over confirmed that they would choose a hybrid vehicle as their next purchase, which was also reflected by 13% of 18-34-year-olds.

Alex Buttle, director of car buying comparison website Motorway.co.uk, said: “The soaring demand presents huge opportunities for the car industry, which is showing significant signs of stress while battling to roll out affordable AFVs fast enough. But it could also leave the Government with serious issues if it does not move fast enough to build the necessary charging and power infrastructure to handle the impact of electric cars.”

More information and a full copy of the findings are available on the %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external website Motorway website link false https://motorway.co.uk/blog/2018/2/28/electric-car-demand-to-surge-by-2024 false false%>.

Related Content

  • Innovation Awards: A winning formula
    March 21, 2018
    The Intertraffic Innovation Awards are a major feature of this event: over 60 high-quality entries were received this year. So, what does it mean for a company that wins? Czech company Cross Zlin won the overall title at the last Intertraffic. Tomáš Juřík, chairman and CEO explained the impact it has had on the company.
  • Aipark exhibits platform to detect parking spot availability
    March 21, 2018
    Aipark is using Intertraffic to highlight its Internet of Things device that aims to monitor parking spot availability. Called ParkingSensor, the product is generally mounted to light poles or buildings and detects parked vehicles in its field view. One sensor is said to capture the availability of 20 parking spots in real time. The information is then sent to connected apps, car infotainment systems or management tools for efficient last mile navigation. Its patent pending system uses a cloud backend to p
  • Bill Shuster to headline IBTTA Transportation and Finance Summit
    March 8, 2016
    Bill Shuster, chairman of the United States House Transportation and Infrastructure Committee, will lead a notable list of political and policy experts when he addresses the International Bridge, Tunnel and Turnpike Association's (IBTTA) Transportation Policy and Finance Summit, 14 and 15 March 14-15 at the Washington Marriott Georgetown in Washington, D.C. The meeting is co-hosted by IBTTA local members; the Metropolitan Washington Airports Authority, the Transurban Group and the Virginia Department of
  • Secure RFID is at the heart of i-SiD
    March 21, 2018
    Their passion is RFID security and the start-up company i-SiD is passionate about getting the message across to visitors at their stand. All five employees of i-SiD – a company embedded within multinational G+D Mobile Security – are showcasing the security aspect of their cloud-based solution that offers the possibility to use UHF-based identities in heterogeneous environments for a variety of scenarios. Until now, key management has proven to be a major show-stopper while setting up an open and secure