According to the Chinese Zodiac, it’s the Year of the Tiger. For colour fans, it’s Pantone’s year of purple (or Veri Peri). But for businesses up and down the UK, we think 2022 is the year of commercial EV chargers. Read on to find out why…
To start with, 2022 takes us another step closer to the Government’s 2030 ban on new petrol and diesel vehicles. When the time comes, businesses that want to invest in the best new vehicles will have no option but to go electric.
By then, the demand for commercial EV chargers will be through the roof – and the costs will no doubt reflect that. It’s much easier, cheaper and less disruptive to stay ahead of the game.
From 2020 to 2021, the number of fully electric vehicles registered grew by 92%. By the end of April 2022, the total number of registered EVs had risen to almost half a million (473,561). That figure increases significantly when you include the number of plug-in hybrids (384,562), taking the total to 858,123.
EVs and plug-in hybrids now account for 21.1% of new car registrations, up from just 3.2% in 2019. Put simply, the shift to electric is picking up pace among road users.
That customer demand hasn’t gone unnoticed by manufacturers, many of whom are switching their focus to electric vehicles too. In their own attempts to stay ahead of the game, a number of well-known carmakers have announced their plans to switch to electric well ahead of the 2030 deadline.
Ford announced that all its new models will be plug-in hybrids or EVs by 2026. Volkswagen made a similar pledge, committing to launch its last fuel-powered cars that year. Elsewhere, Jaguar won’t be introducing any new models until 2025 – by which point, the manufacturer will be all-electric.
Energy and fuel prices are rising across the board. While gas, petrol and diesel are unlikely to come back down, there’s a light at the end of the tunnel for electricity.
Traditionally, electricity comes from power plants, where generators are powered by – you guessed it – fossil fuels. By 2020, 43.1% of the UK’s electricity came from renewable sources. As electricity continues to move away from expensive fossil fuels, the prices will eventually come back down.
When new products enter the market, they usually come with a premium price tag. That was certainly true for electric vehicles and their chargers in the early days. The technology has now been available for over a decade, meaning it’s been tried, tested and perfected – not to mention the prices coming down significantly as they become commonplace.
The installation cost of commercial EV chargers is further reduced by the Workplace Charging Scheme (WCS). It allows you to claim up to £350 per charging point from the government. Most importantly, it’s still available in 2022!
From grants and affordability to staying ahead of the game and reducing disruption, there are plenty of reasons why 2022 is a great year to install commercial EV chargers. If you’re ready to make the switch, Volta Compliance can help throughout Yorkshire.
We install state-of-the-art EV chargers for businesses in all sectors, including assistance with WCS grants. Whether it’s 1, 10 or 100, we’ll provide a no-obligation quote so you can make an informed decision. Get in touch today by emailing [email protected] or calling 0113 397 1361.