EVolution is a news, intelligence and analysis service dedicated to the emerging business of supporting electric and hydrogen-fuelled vehicles.

Interest in electric vehicles declines as price premium bites, says Auto Trader

The UK will run out of people rich enough to buy electric cars, warns online marketplace

Mark Moran
08 March 2022
Auto Trader has integrated an EV chargepoint location tool into its website
Auto Trader has integrated an EV chargepoint location tool into its website

 

An unexpected decline in interest in electric vehicles could spell trouble for the government’s green transport plans, warns car marketplace Auto Trader. Pure electric vehicles accounted for 11.6% of new car sales in 2021, up from 6.6% in 2020, but Auto Trader says the headline figures tell a misleading story.

Auto Trader has long been warning that the sky-high price of EVs could derail efforts to wean motorists off petrol and diesel vehicles. In its latest Road to 2030 report...

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