Steady but slow switch to electric

While the 2035 deadline for the Government’s zero-emission legislation looms closer, the latest statistics from The Van Insurer highlight that, while many van drivers are making the switch to electric, the pace remains steady yet slow.

The insurance price comparison specialist analysed its quote data over a three-year period, from 2019 to 2021, and identified an overall increase in electric van quotes of 306%. The statistics also show a steady year-on-year rise in van drivers making the switch from petrol and diesel to electric models. The period between 2019 and 2020 saw an increase of 71%, which nearly doubles to 138% between 2020 and 2021.

However, while the data looks promising, electric quotes comprised just 0.15% of overall customer quotes in 2019, rising to just 0.22% and 0.51% over the subsequent two years. The stats support recent findings from the Society of Motor Manufacturers and Traders (SMMT), highlighting that more needs to be done if the industry is to hit its zero-emissions target. According to SMMT, e-vans accounted for just 0.3% of commercial vans on the road in 2020.

Ed Bevis, commercial and marketing manager at The Van Insurer, says: “We’re encouraged to see that our customers are taking heed of the encroaching zero emissions target and making the switch from diesel and petrol to electric. However, as reflected by previous sector analysis, electrification of the UK’s van fleet has a long way to go if the sector is to meet the government’s deadline.”

For more information on The Van Insurer, visit www.thevaninsurer.co.uk

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