EV charging
opportunities A
s the UK races to meet its ambitious environmental targets, the burgeoning electric vehicle (EV) market is sparking significant opportunities for electrical wholesalers. Even with the government’s originally ambitious 2030 ban on new petrol and diesel vehicles slipping back to 2035, the demand for EVs has not subsided. In the year to November 2023, The Society of Motor Manufacturers and Traders (SMMT) data shows that electric vehicles (excluding mild-hybrid) commanded over 35% of new car sales in the UK. The demand for a robust EV charging infrastructure is more pressing than ever.
Herein lies a golden opportunity for electrical wholesalers, as the answer to the UK’s charging infrastructure will lie in ‘destination charging’ - a solution poised to drive a substantial surge in the UK’s electrical sales and installation businesses. Destination charging presents an innovative solution to the UK’s infrastructure challenge that was not realistically possible, safe, or necessary with liquid fuel. Instead of relying on a network
“The installation of domestic and smaller commercial chargers represents a burgeoning market sector.”
22 | electrical wholesaler January 2024
of high-capacity, fast-charging ‘stations’ - which could lead to the EV equivalent of fuel queues - destination charging emphasises installing smaller chargers at locations where people naturally park for extended periods. This approach caters to the daily destinations of the average person: workplaces, shopping centres, public car parks, leisure facilities, and, where practical, at home.
Why would these businesses and facilities go to the expense of charger installation? The reasons are compelling: keep staff happy, attract customers, increase dwell time, underpin their eco/sustainability credentials and, best of all, generate revenue. Businesses can charge for
Electrifying Ben Hugh, UK EVC business development manager
at Vestel, one of Europe’s largest producers of electric vehicle chargers, believes the UK EV charging market is set to supercharge the future for electrical wholesalers.
ewnews.co.uk
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