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Strategic Analysis of Electric Vehicle (EV) Ecosystem in the United Kingdom, 2018–2025
Strategic Analysis of Electric Vehicle (EV) Ecosystem in the United Kingdom, 2018–2025
Introduction of WLTP and Removal of Incentives for PHEVs Have Resulted in a Decline in EV Sales in H1 2019
24-Dec-2019
Europe
Market Research
Description
The automotive industry is rapidly evolving in terms of technology, as well as tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative, as they have low or zero emissions and have come a long way to becoming an integral part of OEMs’ business strategies. Automakers are creating separate EV business units to be prepared for the expected EV boom in the short term. However, the surge in demand will create a need for huge charging infrastructure and safety regulations and standards.
The United Kingdom is a country that is aggressively pushing the country towards electrification, especially in the automotive and transportation sector. Stringent emission regulations, liberal incentives/subsidies for consumers and manufacturers, high level of localisation, concrete safety standards, and an established technology roadmap are some of the key steps taken by the government to ensure the success of electric vehicles in the near future.
Major OEMs such as Tata-JLR, Volkswagen, and Daimler have announced ambitious sales targets, and are expected to launch a large number of new and constructive electric vehicle models (from city-suited to long-range and powerful ones). Charging infrastructure, which is one of the major factors driving electric vehicle adoption, is also picking up pace, with many new companies entering the market. It has opened up new business models, enabling companies to position themselves either as manufacturers or operators or as a payment gateway.
The study gives a detailed analysis of the current and future prospects of electric vehicle sales in the United Kingdom—by model, by OEM, and by type of vehicle, until 2025. It provides insights into how charging stations have evolved over time and how companies have designed their strategies to establish a profitable supply chain. It also lists the various kinds of investments made in the electric vehicle space, promoting adoption.
Key Issues Addressed
- How much of an impact did government subsidies and incentives have on the sales of electric vehicles from 2010?
- What is the most popular EV type, vehicle model, OEM, and vehicle segment, year-on-year (YoY) and cumulatively?
- What were the market shares for PHEVs, BEVs, FHEVs, and MHEV 48Vs for each year and how has their growth trend been from 2010?
- How are the past and current charging infrastructure scenarios and what can be expected in the near future?
- What are the different incentives for the installation of charging stations in the country?
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Top 10 Findings Expected to Influence the UK EV Cars Market
Research Scope
Research Aims and Objectives
Key Questions this Study will Answer
Research Methodology
Product Segmentation—Electric Propulsion Technology
Historical PEV and HEV Sales, 2010–2018
Historical PEV and HEV Sales by xEV Type
Historical PEV and HEV Sales by Segment
PEV Cumulative (BEVs and PHEVs)
HEV Cumulative (FHEVs and MHEV 48Vs)
2018 Market Snapshot—UK
PEV Sales Top 10—2018 (BEVs and PHEVs)
HEV Sales Top 10—2018 (FHEVs and MHEV 48Vs)
H1 2019 Market Snapshot—UK
EV Sales Top 10—H1 2019 (BEVs and PHEVs)
HEV Sales Top 10—H1 2019 (FHEVs and MHEV 48V)
H1 2018 Vs. H1 2019
PEV Sales Forecast
PEV Sales Forecast by xEV Type
PEV Sales Forecast by Segment
PEV Sales Top 10—2025 (BEVs and PHEVs)
Incentives and Taxation Structure
Company Car Tax for BIK
Vehicle Excise Duty (VED)
Import Duties on Battery or Vehicle Imports from Outside the EU
LEZ/ULEZ Areas in the UK
LEZ/ULEZ Areas in UK (continued)
LEZ/ULEZ Areas in London
National Target for EV Sales
Emission Regulation Standards
Non-financial Incentives for EVs
Public and Private Investments in the EV Market
Public and Private Investments in the EV Market (continued)
EV Investment Strategy Driving EV Adoption
Evolution from 2010 to 2019
Normal and Fast Charging Points (2010–2019)
Charging Connectors by Location
Deployment of Public Charging Points—Slow (AC) and Fast (DC)
Value Chain Partnerships, Projects, and Investments
Policy Supporting EV Infrastructure Deployment
AC Level 2+ Charging—The Future of AC Fast Charging
DC Fast Charging—Future Configurations and Requirements
List of Participants Within Identified Value Chain in the UK
Value Chain Set-up—EV Charging Value Chain Role and Links
Electric Vehicle Charging Value Chain
EV Charging Ecosystem—Value Creation
Growth Opportunity—Social Collaboration
Strategic Imperatives for the UK EV Market
Conclusions
Legal Disclaimer
Abbreviations and Acronyms Used
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
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Popular Topics
Key Issues Addressed
- How much of an impact did government subsidies and incentives have on the sales of electric vehicles from 2010?
- What is the most popular EV type, vehicle model, OEM, and vehicle segment, year-on-year (YoY) and cumulatively?
- What were the market shares for PHEVs, BEVs, FHEVs, and MHEV 48Vs for each year and how has their growth trend been from 2010?
- How are the past and current charging infrastructure scenarios and what can be expected in the near future?
- What are the different incentives for the installation of charging stations in the country?
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Naga Karthik Voruganti |
| Industries | Automotive |
| WIP Number | MEC4-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9800-A6,9807-A6,9813-A6,9882-A6,9AF6-A6 |