What’s the market share of electric vs. petrol cars in Jersey

Electric vs. Petrol Cars in Jersey: Market Share and Trends

Market share of electric vs. petrol cars in Jersey

The electric car market is rapidly growing worldwide, and Jersey is no exception. As environmental concerns and fuel prices rise, more and more islanders are opting for electric vehicles. But what does the current market share of electric vs. petrol cars in Jersey look like? Let’s delve into the data and explore the trends.

Current Market Share

According to the latest statistics from the Government of Jersey, as of December 2022, there were 1,844 electric vehicles registered in Jersey, representing 2.7% of the total vehicle population. This number has been steadily increasing over the past few years, with a significant jump of 57% from 2021.

On the other hand, petrol cars still dominate the market, with 67,432 registered vehicles, accounting for 97.3% of the total. However, the market share of petrol cars has been declining, with a 2.4% decrease from 2021.

Factors Driving the Shift

Several factors are contributing to the increasing popularity of electric cars in Jersey:

  • Government incentives: The Jersey government offers a number of incentives for electric car buyers, including a grant of up to £5,000 towards the purchase of a new electric vehicle and exemption from vehicle excise duty.
  • Lower running costs: Electric cars are significantly cheaper to run than petrol cars, with lower fuel and maintenance costs.
  • Environmental benefits: Electric cars produce zero tailpipe emissions, making them a more environmentally friendly option.
  • Improved charging infrastructure: The number of electric vehicle charging points in Jersey is steadily increasing, making it easier for people to charge their cars.

Future Trends

The market share of electric cars in Jersey is expected to continue to grow in the coming years. The government has set a target of all new cars sold in Jersey to be electric by 2035. With increasing awareness of the benefits of electric cars and continued government support, it is likely that electric vehicles will become the dominant mode of transport in Jersey in the future.

Conclusion

The market share of electric cars in Jersey is growing rapidly, driven by government incentives, lower running costs, environmental benefits, and improved charging infrastructure. While petrol cars still hold the majority share, the trend is clearly shifting towards electric vehicles. With continued government support and technological advancements, electric cars are poised to become the future of transportation in Jersey.

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