Deloitte comments on planned 2030 petrol and diesel vehicle sale ban

Jamie Hamilton, head of electric vehicles at Deloitte, said:

“Today’s show of commitment to electric vehicles should help convince consumers that it is worth investing in the technology ahead of the 2030 deadline. With more than half of consumers already considering an EV, today’s announcement is likely to prompt an acceleration of sales. The sector is already on a sharp upward trajectory, with EV sales poised to overtake diesel imminently. As an increasingly viable option for consumers, any additional boost to the EV sector could see the sales of electric vehicles challenge petrol alternatives. However, this will only happen if consumers are convinced that the necessary charging infrastructure is in place.

“The news also has big implications for fleet operators, potentially upping the pace of change in this market. Despite the ban being a decade away, many companies will already be thinking carefully about the implications to their fleet. There are already major financial and environmental benefits associated with transitioning to electric, but any wholesale change requires careful planning around infrastructure and operating models.

“With the timeline now set, the race is on for the UK’s charging infrastructure to keep up, with capacity likely to be tested at peak times. Continued coordination with charging infrastructure planning is essential for the sustained growth of EV adoption. Consumers will need to see a joined up approach that considers how many chargers are needed, what kind of chargers are needed and what the underlying power networks look like.”

End

Notes to editors

About Deloitte
In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity.

Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms.

Deloitte LLP is a subsidiary of Deloitte NSE LLP, which is a member firm of DTTL, and is among the UK's leading professional services firms.

The information contained in this press release is correct at the time of going to press.

For more information, please visit www.deloitte.co.uk

Member of Deloitte Touche Tohmatsu Limited