{"id":9868,"date":"2022-06-07T11:46:15","date_gmt":"2022-06-07T10:46:15","guid":{"rendered":"https:\/\/international.optimas.com\/?p=9868"},"modified":"2024-11-22T16:37:05","modified_gmt":"2024-11-22T22:37:05","slug":"government-emissions-targets-viable-commercial-ev","status":"publish","type":"post","link":"https:\/\/optimas.com\/en_gb\/government-emissions-targets-viable-commercial-ev\/","title":{"rendered":"Are Government Emissions Targets Viable with Commercial EV Progress?"},"content":{"rendered":"

Outside of 2020, sales of\u00a0commercial electric vehicles\u00a0have picked up as of late \u2014 so much so that some experts believe the commercial EV market will\u00a0grow faster<\/a>\u00a0than the retail side. One report expects a\u00a024.3% global CAGR<\/a>\u00a0in the coming years, going from $287.4 billion in 2021 to $1,318.22 billion in 2028. However, a few recent developments could very well interfere with hitting such grand predictions.<\/p>\n

One of the more pressing issues is that of the\u00a0electric vehicle supply chain. It nearly buckled under semi-conductor shortages, and matters only worsened in light of material scarcities and the rising costs of raw goods. Such\u00a0supply chain management\u00a0issues have led to delivery delays of sometimes over a year for customers, a problematic development in and of itself.<\/p>\n

To maintain production and meet consumer demand, some manufacturers could potentially abandon sustainable sourcing and\u00a0sustainable manufacturing\u00a0practices. Going to market as \u201csustainable\u201d but taking less than desirable actions to secure materials \u2014 expedited freight journeys, for one \u2014 directly conflicts with companies\u2019 reasons for turning to commercial EVs.<\/p>\n

Beyond that, manufacturers face the task of optimising EV batteries. Though degradation is said to be minimal, it does reduce the storage capacity each year. And at this point,\u00a0EV production\u00a0is still so new that questions remain about the actual lifespan of an EV battery and \u2014 consequently \u2014 if EVs can suitably contribute to the government\u2019s established emission goals.<\/p>\n

More Work Necessary to Meet\u00a0Government Emissions Targets<\/strong><\/p>\n

Though the UK created its emission legislation as a member of the EU, it\u2019s still following the schematic post-Brexit. By 2025, manufacturers must reduce emissions by 15% in both cars and vans. Come 2030, cars are expected to reduce emissions by 38% and vans by 31%. Each number\u2019s baseline is against 2021 standards, which could well pose a problem, at least regarding\u00a0commercial EVs.<\/p>\n

In the UK,\u00a02.6% of new vans registered<\/a>\u00a0between January and July of 2021 were EVs. The 2020 calendar year saw just 0.3% of new registrations being EV vans, so it\u2019s a significant improvement but likely not enough to reach the intended target. Part of this is simply due to limited options. It\u2019s also the result of infrastructure. It needs to become more widespread to make\u00a0commercial EVs\u00a0a viable alternative to those using fossil fuels.<\/p>\n

It shouldn\u2019t come as a surprise that greater innovation will be necessary to meet consumer demand and\u00a0government emissions targets. Limiting the conversion cost would also be advantageous, as the total cost of ownership depends on use. Without enough rapid charging points or financial incentives, the move to\u00a0commercial EVs\u00a0isn\u2019t as attractive to many companies.<\/p>\n

Light transportation and last-mile delivery are currently the exceptions. Still, a greater focus must be placed on larger and heavier\u00a0commercial EVs, such as long-haul, regional delivery, and construction equipment. Until then, any\u00a0net-zero carbon emission\u00a0target\u00a0will be more of a pipe dream than anything else.<\/p>\n

Optimas Solutions offers a localised option for top-of-the-line, quality-tested fasteners that can maximise your EV\u2019s efficiency. With manufacturing facilities on both sides of the Atlantic<\/a>, Optimas can reduce electric vehicle supply chain risk with critical fastening solutions to keep manufacturers\u2019 production lines running.<\/em><\/p>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":9869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[60],"tags":[],"class_list":["post-9868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing-assembly"],"acf":[],"_links":{"self":[{"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/posts\/9868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/comments?post=9868"}],"version-history":[{"count":0,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/posts\/9868\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/media\/9869"}],"wp:attachment":[{"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/media?parent=9868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/categories?post=9868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/optimas.com\/en_gb\/wp-json\/wp\/v2\/tags?post=9868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}