Close Menu
VernoNews
  • Home
  • World
  • National
  • Science
  • Business
  • Health
  • Education
  • Lifestyle
  • Entertainment
  • Sports
  • Technology
  • Gossip
Trending

Steyer Campaign Faces Complaint Over Undisclosed Paid Influencers

May 15, 2026

Karnataka Private Bus Fares Rise 20% Due to Surging Diesel Costs

May 15, 2026

Dallas Cowboys 2026 Schedule: Dak Prescott Faces Daniels, Purdy, Hurts at Home

May 15, 2026

SpaceX Starship Nears Historic Launch as Tallest, Most Powerful Rocket

May 15, 2026

Pune Chemistry Lecturer ID’d as NEET-UG 2026 Leak Kingpin

May 15, 2026

Trump Asserts US Strait Control as Iran Voices Deep Distrust

May 15, 2026

Katie Price Ditches Wedding Ring on Son Outing Amid Husband Drama

May 15, 2026
Facebook X (Twitter) Instagram
VernoNews
  • Home
  • World
  • National
  • Science
  • Business
  • Health
  • Education
  • Lifestyle
  • Entertainment
  • Sports
  • Technology
  • Gossip
VernoNews
Home»Business»EV Readiness Climbs to 53.8 as Used Prices Drop, Policy Clouds Loom
Business

EV Readiness Climbs to 53.8 as Used Prices Drop, Policy Clouds Loom

VernoNewsBy VernoNewsMarch 24, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
EV Readiness Climbs to 53.8 as Used Prices Drop, Policy Clouds Loom
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email

Drivers demonstrate growing enthusiasm for electric vehicles (EVs), with the overall EV readiness score reaching 53.8 in the three months ending February. This marks an increase from 48.8 and 47.5 in the corresponding prior periods.

Boost from Affordable Used EVs

Affordability in the used EV market improves significantly, driving this uptick alongside progress on major consumer hurdles. Used EV prices fall below equivalent petrol vehicle costs for the first time since September 2025, trading at 10 percent less during the quarter. Lower-priced options, especially from ex-fleet supplies, open doors for potential switchers.

Yet rapid depreciation poses risks for fleets and manufacturers, which depend on solid residual values for new sales and leasing.

Charging Infrastructure Advances

The charging score rises to 43 from 40 in late 2025, supported by 118,321 public chargers—39.4 percent toward the 2030 goal of 300,000. Range anxiety eases, with out-of-charge callouts dropping to just 1.5 percent.

Persistent Confidence and Policy Gaps

Despite gains, mass adoption lags. Improvements hinge on declining used prices rather than robust demand. A survey of over 12,000 drivers reveals only 3 percent feel confident purchasing used EVs, underscoring needs for better battery health data and reliability assurances.

Policy uncertainty emerges as the top concern, particularly the electric Vehicle Excise Duty (eVED), imposing a modest 3p per mile on top of the £195 annual VED for EV owners since April. Fifty-five percent of polled drivers indicate eVED could deter them from buying new or used EVs.

Edmund King OBE, AA president, stated: ‘Mixed messages from government—including uncertainty around future taxes such as eVED—risk denting confidence just as the market begins to mature beyond early adopters. To sustain momentum, clearer long-term policy signals and enhanced driver information are essential for informed switching decisions.’

The index evaluates eight indicators—used EV prices, charging trends, confidence levels, and policy clarity—to gauge EV practicality and appeal for motorists.

Avatar photo
VernoNews

    Related Posts

    Ross Gerber Trims Micron, Nvidia, Broadcom Stakes But Stays Bullish

    May 15, 2026

    Faraday Future Q1 2026 Earnings Call: Strategic Updates

    May 15, 2026

    Canadian Utilities Marks 99th Annual Shareholder Meeting

    May 14, 2026

    Comments are closed.

    Don't Miss
    World

    Steyer Campaign Faces Complaint Over Undisclosed Paid Influencers

    By VernoNewsMay 15, 20260

    Social media influencers recently promote billionaire Democrat Tom Steyer’s bid for California governor across platforms…

    Karnataka Private Bus Fares Rise 20% Due to Surging Diesel Costs

    May 15, 2026

    Dallas Cowboys 2026 Schedule: Dak Prescott Faces Daniels, Purdy, Hurts at Home

    May 15, 2026

    SpaceX Starship Nears Historic Launch as Tallest, Most Powerful Rocket

    May 15, 2026

    Pune Chemistry Lecturer ID’d as NEET-UG 2026 Leak Kingpin

    May 15, 2026

    Trump Asserts US Strait Control as Iran Voices Deep Distrust

    May 15, 2026

    Katie Price Ditches Wedding Ring on Son Outing Amid Husband Drama

    May 15, 2026
    About Us
    About Us

    VernoNews delivers fast, fearless coverage of the stories that matter — from breaking news and politics to pop culture and tech. Stay informed, stay sharp, stay ahead with VernoNews.

    Our Picks

    Steyer Campaign Faces Complaint Over Undisclosed Paid Influencers

    May 15, 2026

    Karnataka Private Bus Fares Rise 20% Due to Surging Diesel Costs

    May 15, 2026

    Dallas Cowboys 2026 Schedule: Dak Prescott Faces Daniels, Purdy, Hurts at Home

    May 15, 2026
    Trending

    SpaceX Starship Nears Historic Launch as Tallest, Most Powerful Rocket

    May 15, 2026

    Pune Chemistry Lecturer ID’d as NEET-UG 2026 Leak Kingpin

    May 15, 2026

    Trump Asserts US Strait Control as Iran Voices Deep Distrust

    May 15, 2026
    • Contact Us
    • Privacy Policy
    • Terms of Service
    2025 Copyright © VernoNews. All rights reserved

    Type above and press Enter to search. Press Esc to cancel.