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The EV opportunity is here



 Feb, 08 - 2018   Electrical

Figures show a growing number of car buyers are moving away from petrol and diesel, opting instead for electric vehicles (EVs) in support of an environmentally sustainable future.

The number of hybrids and EVs on the road is growing at an impressive rate and so is the demand for a reliable charging infrastructure.

This promises a profitable future for ambitious electricians.

With a little bit of specialist training to tailor their existing skills, they will be able to tap into a new and potentially lucrative income stream installing EV charging equipment.

 

What’s the demand for EVs?

According to statistics from nextgreencar.com, the last three years, has shown a huge surge in demand for electric vehicles in the UK.

The figure of 3,500 new EV registrations recorded in 2013, increased by the end of the first quarter of 2017 to a whopping 85,000.

Figures from The Society of Motor Manufacturers & Traders (SMMT) are as positive, revealing that plug-in hybrids and petrol-electric hybrid cars grew in demand by 41.9% and 25.1% respectively in 2016 alone.

Car manufacturers are stepping up production to meet the demand with VW, predicting that their own EV sales targets will soon exceed one million vehicles per year.

 

How do EVs charge?

EVs typically charge from conventional power outlets or dedicated charging stations, but the electrical supply can be delivered from both private and public sources.

Car maker, Nissan, suggests that the number of public EV charging locations in the UK will grow from 4,100 to 7,900 and outnumber petrol stations by 2020.

If EVs are going to be on the road, the need for a reliable charging infrastructure is clearly a pressing issue.

 

How do I get involved?

Electricians, already equipped with the skills and experience to carry out standard electrical installations, are perfectly placed to provide the necessary infrastructure and reap the rewards, but further training would help ensure they are competent to undertake the work and understands the specific requirements in relation to EV charging.

Kieron Alsop, MD of Rolec, one of the leading manufacturers of EV charging points said in a recent interview with Voltimum, 

“Opportunities for the electrical contractor within the EV charging industry are now significant and come at a time when many contractors are looking for an alternative to the perceived declining PV business.  As manufacturers of Europe’s largest and most diverse range of EV charging points we have witnessed, over the last couple of years, an unprecedented demand for the installation of our charging units.”

With such a positive future set for the EV sector it looks like electrical contractors are set to have a very busy future installing EV charging points across the UK.

The EV opportunity is here and the market is ready, are you?

We’re launching an EV charging equipment installation course soon.

Contact us for more information.