When asked about the next car they buy, one in 10 people said they expect it to be an electric vehicle (EV), and a further 41 percent said they may purchase one of these, according to new research carried out by Alpha Real Capital LLP, the specialist real assets investment manager, and Cornwall Insight, the provider of research, analysis, consulting and training to businesses and stakeholders in the British, Irish and Australian energy markets.
Will Morgan, head of renewables at Alpha Real Capital, said, “Growth in EV purchases will be essential to driving down costs and stimulating the level of investment in infrastructure needed to expand charging networks and achieve the U.K. government’s ambitious goal of ending the sale of new petrol and diesel cars by 2030.”
Alpha runs a renewables business that invests in U.K. renewable energy infrastructure. Morgan believes the growth of the electric vehicle market could be a catalyst for further investment from institut
