Daily Archives: June 2, 2022

Hyundai Ioniq 5 (Image: hyundai.co.uk)

Tell your friends about EVs: Study suggests automakers still aren’t getting the word out

Electric vehicles make a lot of sense for the pragmatic aspects: their ownership costs and environmental advantages. But once you’re in one, everything changes.

As results from J.D. Power’s U.S. Electric Vehicle Consideration Study indicate, a lot of American consumers still need to simply get a ride in an EV.

Hyundai Ioniq 5 (Image: hyundai.co.uk)
Hyundai Ioniq 5 (Image: hyundai.co.uk)

The firm, in the study released Thursday, found that among those who had no personal experience with EVs, just 11% said they were “very likely” to consider one. For those who had merely been a passenger in an EV, the portion “very likely” doubled to 24%; and for those who had driven an EV, it rose to 34%.

Automakers still aren’t effectively getting the word out about EVs to all would-be buyers. Power notes that nearly one-third of those who reject EVs simply cite a lack of information about them.

Across the survey, the “very likely” portion of shoppers rose to 24%, up from 20% a year ago.

The study is based on 10,300 responses from consumers from February through April 2022, and it looks at EV consideration “by geography; demographics; vehicle experience and use; lifestyle; and psychographics.”

There are also potential inroads for automakers in appealing to mass-market shoppers. J.D. Power found that 37% of those who own premium vehicles said that they’re “very likely” to consider an EV for their next vehicle, versus 21% for those who currently own mass-market models.

Read more: GreenCarReports

 

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Jaguar LandRover GroupManager Install (Image: Rolec)

UK’s automotive industry, out of the world’s top 15, takes another hit as Jaguar Land Rover looks to Slovakia for electric vehicle batteries

 

Jaguar I-PACE Electric Car (Image: T. Larkum)
Jaguar I-PACE Electric Car (Image: T. Larkum)
  • Jaguar Land Rover is in talks with Northvolt and SVolt Energy Technology about supplying batteries for a range of EVs it may assemble in Slovakia
  • Unless battery investment picks up, carmakers may only accelerate their exodus from what was once the world’s second-biggest auto manufacturing base

Almost a decade after playing home to Europe’s first mass-produced electric car, the UK is at risk of becoming a footnote in the global auto industry’s shift to battery-powered vehicles.

The UK lacks the cell and pack factories automakers will need to support their transition away from the internal combustion engine. In what could be a fresh blow to British carmaking, the country’s top auto manufacturer, Jaguar Land Rover, is in talks with Northvolt and SVolt Energy Technology about supplying batteries for a range of EVs it may assemble in Slovakia, according to people familiar with the matter.

Unless battery investment picks up, carmakers may only accelerate their exodus from what was once the world’s second-biggest auto manufacturing base. The last few years, the UK fell outside the top 15.

Read more: SCMP

It’s Time to Go Green!

If you would like to know more about Solar Panels and the PowerBanx range of home battery systems, and get a free instant quote, please complete our online form: