Wednesday 17 August 2011

Mazda to stay away from EVs

Mazda has confirmed that it will not enter the electric vehicle market anytime soon as it focuses on its new SKYACTIV engine line-up that achieves an 15% and 20% improvement in fuel economy for petrol and diesel units.

“Research tells us that only 10% of new cars sold in 2020 will be fully electric. So we believe that the strategy we are pursuing is the right one – first launching breakthrough technologies for gasoline and diesel engines while continuing to work on hybrid and electric vehicles as well as hydrogen-powered models,” said Christian Blank, director of European fleet operations.

The Nissan Leaf is the second best-selling EV in the UK,
after the tiny G-Wiz
In the first half of this year, 680 British motorists obtained the Government's £5,000 electric vehicle grant, which is given to vehicle with CO2 emissions of less than 75g/km, meaning just 2,500 electric cars on UK roads. That means that EV's make up for 0.1% of the market with the biggest issue being the price-tag.

According to the SMMT, electric vehicles are unlikely to make a large impact on the market, while they're expensive, until 2020. Deloitte Consultancy anticipates EV's to make up 5% of the market by 2020.

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