Experts Weigh In
The automotive industry is calling for a system of new motoring “health certificates” to address major concerns surrounding electric vehicles. Motoring specialists have emphasized the need for a battery health certificate for all-electric cars, stating that it could boost demand and drive a surge in interest for second-hand electric vehicles. •
- Research from AXA UK shows that 63% of UK motorists are not planning on buying an electric vehicle due to concerns over battery lifespan.
- However, 37% of motorists cited concerns over the cost of electric vehicles as a major factor.
- AXA experts believe that a battery health certificate could alleviate these concerns and provide peace of mind for buyers when purchasing slightly older second-hand EVs.
The Benefits of Battery Health Certificates
The introduction of battery health certificates has the potential to significantly impact the used EV market. A health certificate would provide a clear indication of a car’s battery condition, addressing concerns over the lifespan and cost of electric vehicles. This, in turn, could stimulate a thriving second-hand EV market. •
- Boost consumer confidence: By providing a clear indication of a car’s battery condition, health certificates would alleviate concerns and give buyers peace of mind.
- Drive demand: With more buyers confident in purchasing second-hand EVs, demand could increase, potentially leading to a surge in sales.
- Positive impact on insurance premiums: A barometer for assessing the value of EVs could also positively impact insurance premiums by providing a standardised way of evaluating the condition of electric vehicles.
Addressing Misconceptions
The Association of Fleet Professionals (AFP) has highlighted the need for effective communication to address misconceptions about electric vehicle batteries. Despite existing evidence showing that EV batteries are durable, safe, and degrade at a slow, predictable rate, myths and fears persist. •
- Exaggerated fears about safety and degradation: The AFP notes that existing evidence consistently shows that EV batteries are safe and degrade at a slow rate.
- Widespread misunderstanding: The AFP suggests that there is a need for more effective communication to address these misconceptions and provide accurate information to the public.
The RAC’s Perspective
The RAC has stated that electric car batteries are expected to last for over 10 years or 100,000 miles. However, experts acknowledge that even after this period, battery degradation will not have a significant impact on the car’s performance. •
| Assessment | Battery Lifespan | Impact on Performance |
|---|---|---|
| Assessment period: 10 years or 100,000 miles | Battery degradation expected | Only a slight drop in range predicted |
Labour’s Commitment
Labour had previously committed to introducing battery testing in their manifesto, but there has been no new information on when this could emerge despite calls from the industry. •
- Labour’s commitment: The party had pledged to introduce battery testing in their manifesto.
- Urgent need for guidance: The industry is calling for the government to publish guidelines to support standardised battery health testing.
- Delayed implementation: There has been no new information on when this could emerge, despite ongoing calls from the industry.
Marco Distefano’s Call to Action
Marco Distefano, managing director of AXA Retail, has urged the government to act urgently to address the industry’s concerns. He stated:
“Battery health certificates have the potential to boost consumer confidence and drive demand to create a thriving second-hand EV market. “It’s clear that motorists have concerns around both the lifespan and cost of electric vehicles and without addressing these issues there is a risk that EV uptake will remain low. “We urge the Government to urgently publish guidelines to support standardised battery health testing. “Not only will this stimulate the used EV market, but it also has the potential to positively impact insurance premiums by providing a barometer for assessing the value of EVs in a similar way that mileage is used for vehicles with an engine.”
Conclusion
The introduction of battery health certificates could be a game-changer for the electric vehicle industry. By providing a clear indication of a car’s battery condition, health certificates would alleviate concerns and drive demand for second-hand electric vehicles. The industry is calling on the government to act urgently to address these concerns and provide guidance on standardised battery health testing. With the potential to positively impact insurance premiums and stimulate the used EV market, the benefits of battery health certificates cannot be overstated.