The Electric Vehicle Industry: The Next Big Challenges

According to the Electric Vehicles and Infrastructure Report, The UK's transport sector is responsible for 27% of the UK's total greenhouse emissions, with cars contributing up to 55% of those emissions. This has led to the automotive industry becoming a target for reducing emissions to make sure that we, along with the rest of the world, achieve net-zero by 2050.

Electric Vehicle (EV) ownership has gained popularity as a method of reducing emissions, with the EV's market share growing at an incredible rate. In the UK alone there are over 300,000 EV's currently on the road and in 2020, Europe saw an uptake of 1,325,000 electric cars and vans in, up from 550,000 in 2019. This increase in ownership has undoubtedly been aided by government incentives, such as the UK Government's landmark steps to reduce emissions by banning the trade of combustion vehicles by 2030, and the role that major EV companies such as Tesla, NIO, and Lucid Motors have played in developing the