Accelerating the EV transition
This report part 1 and part 2 assesses the costs and benefits of bringing forward the phase out of conventional vehicles to electric from 2040 to 2030 for the UK. This analysis also makes clear the significant scale of the transition from conventional vehicles on the manufacturing sector. Our detailed sub-sector analysis suggests a mapping of impacts by sub-sector (for example engines, parts, assembly), which is required to identify the right interventions, which will vary for each skill set.
An important feature of this report is the use of scenario analysis to investigate how UK-based EV manufacture could change. Scenarios are plausible narratives about the future that are useful in the context of uncertainty and are not intended to be predictive. The scenarios all entail increased UK production of EVs as they take place in the context of the UK becoming a leading European player in electric vehicles and ambitious Government commitments.
The Report part 1 is available for download here.
The Report part 2 is available for download here.
Date: June 2018