Used EV market grows 119% in 2021

The latest news from the world of EVs

Hello and welcome back to The Fast Charge, a British EV newsletter.

In today’s edition… a new home chargepoint subscription, £200 per year price increase for EV drivers, and I ponder the biggest challenge for the UK’s automotive goals (clue: it ain’t infrastructure).

If you have any questions or comments, please do contact me at tomrileylondon@gmail.com.

In the last week…

CHARGING FORWARD: In the latest release by the Society of Motor Manufacturers and Traders (SMMT), it’s revealed that in January around one in five cars registered was a plug-in. As said previously, evidently 2022 is going to be just as crazy for EV record-busting as 2021. Read more. SMMT have also this morning published their latest figures for used car transactions, I cover these in my longer story below.

PRICE RISES: As the energy crisis continues to bite, and Ofgem increases its price cap, every EV owner who currently charges at home needs to be checking their current tariff rate. Many of those could end up with sizeab…