Saturday, 24 July 2021

CMA report in electrical vehicles market study

 

CMA report in electrical vehicles market study

The Competition and Markets Authority (CMA) has published its final report in its market study into the supply of charging for electric vehicles (EVs) in the UK.  The inquiry was launched in December 2020.

The CMA concludes that while some parts of the sector are developing quite well, including venues such as shopping centres, workplaces and private parking, other parts are faring comparatively worse.

This situation could have an impact on the UK’s wider commitment to net zero and the government’s commitments to ban the sale of new petrol and diesel cars, in each case by 2030.

Amongst the CMA’s recommendations are that the government set out a national strategy for rolling out EV charging between now and 2030.

The CMA also recommends that the government attaches conditions to its £950 million Rapid Charging Fund.

Separately, the CMA has also launched a competition investigation into long-term exclusive arrangements between the Electric Highway Company and three motorway service area operators.

The CMA has stated that it will work with government and the devolved administrations with a view to creating an EV sector that people can have trust and confidence in.  Given the importance of EVs, in particular to the achievement of net zero it is likely that this is not the last we have heard about competition in the sector.

https://www.gov.uk/government/news/further-action-needed-on-ev-charging-to-meet-net-zero

 

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