One in four consumers plan to buy an electric car in next five years according to Ofgem research

21 May 2021

Ahead of Ofgem’s launch of its COP26 ‘green, fair future’ campaign, new research has found that almost one in four (24%) consumers plan to buy an electric vehicle or plug-in hybrid in the next five years.

The Climate Change Committee anticipates around 18 million battery and plug-in hybrid electric vehicles will be on the road by the ban on the sale of new internal combustion vehicles being introduced in 2030.

Ofgem’s research showed that:

• Those who own electric vehicles are more open to embracing changes in how they use their energy.
• Electric vehicle owners are three times more likely to say they are on a time of use tariff than non-owners.
• Over half (60%) would consider smart charging of their vehicle to avoid times when electricity is most expensive.

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