Market Research Report Hybrid and Electric Cars Market Report | Page 4

MARKET DRIVERS GB ’ s love affair with the car continues Figure 24 : Number of licensed cars ( Great Britain ), 1995-2015 Shift towards low carbon cars begins to take off … Figure 25 : Number of licensed cars ( Great Britain ) 1-100 g / km , 2001-15 … although hybrid and electric vehicles are still a niche market Figure 26 : New car registrations , by fuel type , 2011-16 Expansion in number of models also assists market Figure 27 : Development of ULEV models , 2012-15 UK charging network sees expansion … Figure 28 : Number of charging locations and connectors , 2011-15 … with faster connectors being installed Figure 29 : Development of charging landscape , 2011-15 Prices remain a major barrier for buyers Figure 30 : On the road prices for leading hybrid and electric vehicles , November 2016 Figure 31 : On the road prices for most popular alternative vehicles by selected segment , November 2016 Recent falls in motoring expenses aren ’ t helping hybrid and electric cars Figure 32 : Consumer expenditure on car purchasing , servicing and repair and motoring expenses , seasonally adjusted at current prices , 2011-15
REGULATORY AND LEGISLATIVE DEVELOPMENTS Office for Low Emission Vehicles Plug-in car grants Policy commitments Recent announcements FC-EVs ( May 2016 ) Charging points ( October 2016 ) Additional £ 35 million for ULEVs ( October 2016 ) Further support given in the November 2016 autumn statement
COMPANIES AND BRANDS – WHAT YOU NEED TO KNOW Mitsubishi and Nissan dominate the ULEV market Market growth sees fragmentation in terms of manufacturer share Considerable interest in research and development Advertising expenditure records yearly fluctuations
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MARKET SHARE ULEV market dominated by a small number of manufacturers Figure 33 : ULEV Manufacturer share , Q4 2015 and Q2 2016 Outlander PHEV leads the ULEV sector Figure 34 : ULEV model sales by registration , 2012-16
LAUNCH ACTIVITY AND INNOVATION First hydrogen refuelling station being installed within an existing forecourt Nissan develops world ’ s first Solid Oxide Fuel-Cell Nissan offers free home charging units to buyers … … while workplace charging grants are also launched Hyundai enters the hybrid and electric market Nissan takes a controlling stake in Mitsubishi