Electric Vehicles Aren’t The Future. They’re The Present.

A Brief History of Misguided EV Predictions

Back in 2010, data analysts J.D Power made a quiet prediction about electric vehicles. They predicted, with some confidence, that in 2020 there would be 5.2 million electric cars on the road globally.

They said that 7.3% of all car sales in the 2020s would be either hybrid vehicles or battery electric vehicles. The report was called “Drive Green 2020: More Hope than Reality” and it worried that consumers just wouldn’t take to electric vehicles.

The report wasn’t quite right...

• As of 2020, there were 16.5 million EVs on the world’s roads.
• Over one in ten vehicles bought in 2020 were electric.?
• And by July of this year, we passed 1,190,000 fully electric cars on the UK roads. 16.8% of all new cars sold in this country were EVs.?

It’s safe to say that many of the long-term predictions have missed the mark.?

It’s an easy mistake to make - if you keep thinking of EVs as the industry’s future, not the present.?

It’s time to think more about where the market is, where it’s going, and recognise it as a key part of the industry instead of a second fiddle to the ICE market.

That means understanding the challenges posed by EV adoption, drivers’ concerns, and the opportunities for repairers, insurers and the entire vehicle supply chain.

It’s a project we’re more than happy to take on, follow along with our brand new 'EV Insights' blog series as we delve deeper into the EV market.

Upcoming EV Insights - Understanding The Industry

Cogent Hire will be talking to some of the leading names in the EV industry - the people who know how we got to where we are, the progress we’ve made, and what needs to happen to keep the market growing.

We’ll look at every aspect of electric vehicles, from what you need to know before you buy, to the challenges in repairing and recovering them after an accident, to the changes repairers need to be ready to make to serve the growing number of EV drivers in the UK.

We’ll talk to repairers about the difference between maintaining an EV and an ICE vehicle, sit down with salvage experts to find out how they safely transport a vehicle with a potentially damaged battery, and investigate whether the scary stories about batteries have any truth behind them.?

We’ll look past the obvious to find the most knowledgeable, insightful people in our supply chain to share their expertise across a range of subjects you might never have even thought about.

Answering your questions

We’ll also look at the questions you have, continuing to tackle new topics until you’re up to speed and confident with electric vehicles, starting with the tricky topic of used EVs.

In the meantime, if there’s anything you’d like to know about electric vehicles, drop us a line on LinkedIn and we’ll find an expert who knows the score.