The Van Insurer highlights steady but slow switch to electric

Electric-van-charging

While the 2035 deadline for the Government’s zero-emission legislation looms closer, the latest statistics from The Van Insurer highlight that, while many van drivers are making the switch to electric, the pace remains steady yet slow.

We analysed our quote data over a three-year period, from 2019 to 2021*, and identified a substantial overall increase in electric van quotes of 306 per cent.

The statistics also show a steady year-on-year rise in van drivers making the switch from petrol and diesel to electric models. The period between 2019 and 2020 saw an increase of 71 per cent, which nearly doubles to 138 per cent between 2020 and 2021.

While the data looks promising, it supports recent findings from the Society of Motor Manufacturers and Traders (SMMT), highlighting that more needs to be done if the industry is to hit its zero-emissions target. According to SMMT, e-vans accounted for just 0.3 per cent of commercial vans on the road in 2020, with petrol and diesel vans comprising 3.1 per cent and 96.6 per cent of the market, respectively.

According to our data, electric quotes comprised just 0.15 per cent of overall customer quotes in 2019, rising to just 0.22 per cent and 0.51 per cent over the subsequent two years.

Ed Bevis, Commercial and Marketing Manager at The Van Insurer, says: “We’re encouraged to see that our customers are taking heed of the encroaching zero emissions target and making the switch from diesel and petrol to electric. However, as reflected by previous sector analysis, electrification of the UK’s van fleet has a long way to go if the sector is to meet the Government’s deadline.

The good news is that The Van Insurer can provide quotes for every van, regardless of make, age and model. We are looking forward to helping more drivers make the switch to electric and hope to see the stats continue to rise, albeit at a faster pace, as we head towards 2035.

For more information on The Van Insurer, visit www.thevaninsurer.co.uk or follow Facebook via @VanInsurer, Twitter @Vaninsurer and Instagram @thevaninsurer.

*Data comprises quotes analysed for electric vans (excluding hybrids) for the six-month period from January to June for 2019 to 2021.