• EV predictions for 2025 from The Electric Car Scheme focus on political and market dynamics.
• How will Trump’s presidency affect UK EV availability as manufacturers adapt to US policies?
• Will UK manufacturers achieve the ambitious 28% EV sales target by 2025?

The Electric Car Scheme has unveiled its outlook for the EV sector in 2025, forecasting significant changes shaped by global policies and local developments. From Donald Trump’s US presidency to the UK’s EV sales targets, the year promises to reshape the electric vehicle landscape.

Closer to EV Sales Targets?

The Society of Motor Manufacturers and Traders (SMMT) reports a steady rise in EV demand, with battery electric vehicles accounting for 20.7% of deliveries in October 2024, up from 15.6% a year earlier. If this trend continues, the 2025 target of 28% market share is within reach, marking a turning point in the EV sector’s growth.

Growth of Second-Hand EV Sales

The used EV market has matured rapidly, with The Electric Car Scheme noting that over 50% of its sales now come from second-hand vehicles. This surge is driven by falling prices and a growing number of vehicles entering the market as leases end. These factors make EVs more accessible to consumers for whom affordability remains the key barrier.

Charging Network Expansions

By mid-2025, the UK’s public charging infrastructure is expected to surpass 100,000 points – a significant milestone compared to the country’s declining number of petrol stations. With the rollout of rapid and ultra-rapid chargers, charging concerns are expected to ease. Innovations such as off-peak charging and salary sacrifice schemes will further enhance the appeal of EV ownership.

Tariffs and EV Affordability

Trump’s return to the White House could inadvertently benefit UK consumers. With tariffs and the removal of subsidies making foreign EVs pricier in the US, manufacturers may target the UK, leading to an influx of affordable options such as Chinese EVs.

Thom Groot, CEO of The Electric Car Scheme, stated:
“The electric vehicle market is on the verge of a major transformation by 2025, and it’s an exciting time for both the industry and consumers. With battery technology advancing and governments around the world ramping up support, we’ll see EVs become increasingly accessible and affordable. As cheaper Chinese EVs become available, and the used EV market matures, we could see EVs available for less than £200 a month, a much more affordable price point.”