The EV industry and Labour’s plan to bring back the 2030 ICE deadline

The electric vehicle (EV) industry is gearing up for a big change as the new Labour Government brings back the plan to ban new petrol and diesel cars by 2030.

This means it’s a great time to think about switching to an electric car, especially since the demand for them is expected to rise soon with this change.

One of the best reasons to buy an electric car now is how affordable they’ve become. For example, you can find used Teslas for under £15,000. This price drop makes it easier for more people to enjoy the benefits of driving a Tesla without breaking the bank.

Beyond the lower purchase price, electric cars can save you a lot of money on running costs. For starters, EV owners don’t have to pay road tax, which is a big saving compared to petrol or diesel cars. Plus, maintaining an electric car is usually cheaper because they have fewer parts that can break down. Over time, these savings can really add up.

Fuel savings are another huge benefit of switching to an electric car. As petrol prices keep going up, the cost of charging an EV stays relatively low. This is especially true as the UK invests more in renewable energy, making electric charging cheaper and greener. If you drive a lot, the annual savings on fuel can make a big difference to your budget.

The infrastructure for electric cars is also getting better all the time. More affordable and efficient EV chargers are now available, like those from evec, which offers home charging solutions, fully installed, from as low as £749.

This makes owning an electric car more convenient than ever, letting you charge your car overnight at home and wake up to a full battery. This ease of charging helps address one of the main concerns potential EV buyers have—access to charging points and charging anxiety.

The Government’s decision to stick to the 2030 ban on new petrol and diesel cars shows they’re serious about cutting carbon emissions and supporting sustainable transport. This policy is expected to speed up the shift to electric vehicles as everyone prepares for the deadline. As demand for EVs rises, prices for both new and used models are likely to go up. So, buying an electric car now could save you from higher prices in the future.

Aside from the financial and environmental perks, electric vehicles offer a great driving experience. Many EVs, like the Tesla Model 3, have instant torque and smooth acceleration, making them fun to drive. They’re also much quieter than traditional cars, giving you a more peaceful and enjoyable ride.

If you’re thinking about getting an electric vehicle, now is a really good time. The current low prices for used EVs, combined with the upcoming regulatory changes, create the perfect opportunity. With the market conditions as they are and with the ongoing improvements in charging infrastructure, there’s never been a better moment to switch to an electric car.

Overall, the backing of the plan to ban new petrol and diesel cars by 2030 means now is the time to switch to an electric vehicle. Used EV prices, especially for models like Tesla, are at their lowest. With big savings on road tax, maintenance, and fuel, plus the ease of home charging, buying an electric car now is a smart move. As we get closer to 2030, demand and prices for electric vehicles will likely go up, so acting now can save you money and set you up well for the future.