Smart EV charger sales are set to go through the roof in 2022 as more people and businesses embrace electrification.
Anyone with a driveway or off-street parking can get a smart charger installed, with the £350 Government-backed OZEV grant available until 31 March 2022. After this date, the full cost of installation passes to the homeowner.
On average, after the OZEV grant ends, homeowners will pay £850 for a smart EV charger, assuming £500 for the charger and £350 for installation. £850 would buy a charger like the Sync EV or Wallbox Pulsar Plus.
In 2022, we estimate that over 30,000 homeowners with off-street parking will purchase a smart EV charger, pushing the total install number to over 90,000.
In addition, in November, the Government confirmed mandatory smart charger installations for all new build homes and car parks with ten spaces or more. This will see the installation of over 100,000 smart chargers in new build houses alone.
Under new laws, new homes, workplace buildings and supermarkets will be required to install electric vehicle chargers. Thanks to these regulations, the Government estimates an additional 145,000 chargers will be installed each year.
With the UK Government committing to a ban on new petrol and diesel cars in 2030, people are switching to fully electric vehicles faster than ever before.
People caught in two minds can also choose a plug-in hybrid electric vehicle (PHEV) with a limited EV range. PHEVs can charge at home just like full-fat EVs, albeit at a slower speed (typically up to 3.6kW).
2022 is shaping up to be an exciting year for electric vehicles, with charger manufacturers and installers set to benefit the most.