Wednesday, December 25, 2024
Electric VehiclesLatestNews

UK could be at ‘forefront of EV sales’

The UK could place itself at the forefront of a global turnaround in EV sales trends by embracing five key upcoming developments, according to the latest Demand Report by the Advanced Propulsion Centre UK (APC). 

The report claims five major developments could include:

  • Introduction of dedicated electric vehicle (EV) platforms,  
  • Decreasing battery pack costs, 
  • Adoption of integrated vehicle health management (IVHM) systems,  
  • Improvements in design efficiency, and  
  • A sustained push on charging infrastructure. 

The most promising is a switch to dedicated EV platforms, it said, rather modifying ICE (internal combustion engine) model platforms to suit EVs. This is because there is greater flexibility to accommodate battery packs and be more efficient with spac.e

In addition, the ongoing development of lithium-ion battery packs and low-cost cathode alternatives, will assist in significantly reduce the cost to OEMs, by as much as 40%, it said, with the saving passed onto consumers.

A move towards predictive maintenance and battery management systems could help to reduce insurance costs and improve resale values as well. The data collected could be used to improve battery efficiency and performance, as well as providing confidence to insurers.

The report also highlights that there are positive signs through regulations and grant funding to accelerate charging infrastructure for increasing EV adoption. 

Dr Hadi Moztarzadeh, Head of Technology Trends, APC, said:

“Despite a slowdown in the global BEV sales recently, there are certainly reasons to be optimistic in the UK. APC have studied data from USA, Norway, Germany, China, Canada, and India with all having experienced a downward trend in BEV sales recently. 

“The UK has an opportunity to reverse the trends, instil consumer confidence in the industry, and supercharge the UK supply chain.”

Image from Shutterstock

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