05 Jul 2010 01:07:15
Regulation 'to drive adoption of low carbon vehicles'
Regulations placed on the carbon emissions from vehicles is likely to be the largest driver of the adoption of electric cars in Europe, according to the Low Carbon Vehicle Partnership (LowCVP).
A report by Datamonitor released in late June predicts that the share of green vehicles within the European market will increase to 3.2 per cent in 2015 from 2.3 per cent in 2009.
Neil Wallis, head of communications at the LowCVP, said that in the UK the primary driver was likely to be the Climate Change Act.
"Businesses may well be the early adopters of a lot of these technologies, certainly with electric vehicles," Mr Wallis predicted.
According to the Datamonitor report, business vehicles account for around one in ten of the cars on Europe's road and fuel-efficient vehicles are likely to appear in fleets in the coming years.
The report was released as UK business secretary Vince Cable announced that production of Toyota's Auris Hybrid has begun, the first mass-produced fully hybrid vehicle to be manufactured in Europe.
Engines for the vehicles are being produced at Toyota's Deeside plant in North Wales.