Indicata estimates 'modest impact' on EV market from Electric Car Grant

Indicata reveals ‘limited market impact’ of electric car grant

Data firm Indicata has looked at the UK Government’s Electric Car Grant program and the impact it will have on the market. It found that the program will support only approximately 5.8% to 14.4% of annual BEV sales, depending on the tier of support accessed. “The reality is that this program, while well-intentioned, will function more as targeted support for specific market segments rather than a broad market transformation tool that many were e…

Indicata estimates 'modest impact' on EV market from Electric Car Grant

Indicata’s own analysis estimates that the ECG will support between 5.8% and 14.1% of annual EV sales, so will only have a “modest impact” on the market.

Electric Car Grant will have minimal impact – Indicata

New analysis has found that the government’s new Electric Car Grant will not have the intended impact on electric car sales. According to automotive data intelligence company Indicata, the £650m […] The post Electric Car Grant will have minimal impact – Indicata first appeared on Bodyshop Magazine.