What’s Happening in the Electric Car Industry in 2021

27th January 2021
Charging electric car

The talk surrounding electric cars has grown and grown in the past few years. Few people doubt that it is the wave of the future when it comes to driving on public roads. But if you are thinking of getting into this, or if you are wondering even whether it might be time to invest in electric cars, is it the right time? In this post, we will take a look into what exactly is happening in the world of electric cars, and what we can all expect to take place in 2021 and beyond. Is this really the burgeoning age of electric cars?

Supportive Government Plans

One of the major changes in recent times that is certainly going to have an effect on the electric car market is the new government plans. These plans are hoping to get to a point where all cars in the UK are electric by the year 2040. That might seem like a while away, but it will come around before we know it, and it is certainly the case that this news has already led to an increase in electric car sales across the country.

In turn, this will drive the price down, which will obviously make it more doable for more people, and a much more attractive prospect for most. The government now has a 46-point strategy, which includes for half of all new car sales to be electric by 2030, ideally going up to 70%, as well as 40% of new vans. That just means that you will be much more likely to buy an electric vehicle if you are buying a vehicle at all in the next decade or so.

Electric Taxis

Uber is an incredibly popular ride-sharing app, and that doesn’t look set to change anytime soon. Something that is going to change, however, is that they are going to start setting their sights on having electric cars for their taxi service, rather than the traditional petrol and diesel vehicles.

In particular, the company Geely has its sights on Uber and other similar companies, and hopes to buy them out and make it so that all of the vehicles on the fleet have to be electric. This in itself is going to make a huge difference to just how many electric vehicles are on the road, and that will help in how normalised these electric cars are going to be.

Super-Quick Battery Charging

One of the main drawbacks of electric cars was thought to be that it took a long time for the batteries to charge up sufficiently. But as of the start of 2021, Israeli company StoreDot has developed a new kind of electric car battery which can fully charge in around five minutes, thus making it a similar period of time to filling up a traditional car. It looks as though this is going to become the norm in electric cars before too long, making them even more of an attractive prospect for people in the UK.