Waiting times for new electric car orders have fallen by 13.2 per cent in the last three months, according to a new study.
Motorists buying an electric vehicle in January on average can expect to wait up to 28 weeks for their car to arrive, down from 35 weeks for orders placed back in October.
Experts say this is due to an increase in production following two years of parts supply shortages that caused a log-jam of orders.
However, cost-of-living concerns are also weighing on demand as consumers delay big ticket purchases.
Is Britain’s appetite for electric cars showing signs of waning? Long delivery delays for new models is starting to decline, with orders times shrinking by 13% in the last three months, says one report
The report comes just a week after photos emerged of huge queues at Tesla Supercharger sites across Britain over the Christmas period, with drivers forced to wait hours to charge their expensive electric cars while travelling to visit friends and family.
Tesla is one of the brands with the biggest decline in waiting times for new models. In fact, they’ve evaporated entirely, the report says.
In recent months, Elon Musk’s car brand was selling vehicles faster than it could import them into the UK.
However, today it has hundreds of its popular £48,500 Model 3 and £52,000 Model Y vehicles in stock for instant delivery – some with huge discounts of over £7,000, according to market research conducted by specialist website, Electrifying.com.
Not only does Tesla have examples of the popular Model 3 (left) and Model Y (right) available, they’re offering discounts of up to £7,000
Just THREE electric cars sold in Britain cost under £30,000
Britons are being priced out of electric car ownership because there are no affordable battery-powered models in showrooms, according to a review of vehicle costs.
While the cheapest petrol-powered motor – Dacia’s Sandero – starts from £12,995 in the UK, the cheapest electric car is twice the price at a bank-busting £25,995.
In fact, there are just three new battery cars in UK showrooms today that cost under £30,000 – and some of the smallest EVs on the market have rocketed in price in recent months and now cost the same as a petrol executive saloon.
It believes that waiting times for electric cars have tumbled as drivers pause purchases in the face of higher energy costs and cost of living worries.
This fall in demand has corresponded with a gradual increase in supply as production recovers after the pandemic and other global events.
Motorists may also be put off switching to EVs by growing concerns that there are not enough public charging devices available – and that the grid will be unable to cope with a surge in electricity demand from millions of battery-powered cars.
Images of huge queues forming at public electric car charging locations over the festive period reignited concerns about the country’s lacking charging infrastructure.
Industry insiders and electric car owners have called on Government to install more rapid devices to allow for faster charging times, especially outside of the capital and at motorway services when motorists need to boost batteries during long-distance journeys.
Currently, of the 36,752 public charging points available in the UK, 11,515 (31 per cent) are installed in Greater London compared to 1,106 in the North East, latest figures show.
One central London borough has more charging points than six of Britain’s largest regional cities combined; Westminster, with nearly 1,500 devices, has more than the 1,412 available across Liverpool, Manchester, Newcastle upon Tyne, Leeds, Sheffield and Birmingham.
As the UK aims to ban the sale of new petrol and diesel vehicles by 2030, the Government wants to have 300,000 public charging devices by the end of the decade.
The electric cars you can get your hands on quickly – and those you can’t…
Order a £30,000 Renault Zoe today and it should be delivered by May, dealers told Electrifying.com
The all-new Renault Megane E-Tech is also subject to delivery periods of up to four months
Last summer, Electrifying said some battery models were subject to delivery delays of over a year, with some brands – including MG Motor – closing order books for some battery models due to high demand.
However, that’s not the case for all car manufacturers today,
Other electric models with short waiting times this month include Renault’s £30,000 Zoe and £37,000 Megane E-Tech, with some dealers offering delivery in just four weeks.
Order one of Volvo’s £45,000 XC40 Recharge SUVs today and it should be delivered within three months, which is a significantly shorter waiting time than consumers will experience when trying to buy an EV from some rival brands.
A £51,000 Audi Q4 e-tron or £64,000 BMW iX3, for example, have waiting times of nine months, the website said.
Volvo dealers said they are able to deliver a brand new XC40 Recharge within three months
Similar-sized SUVs, like the Audi Q4 e-tron (left) and BMW iX3 (right), have longer delivery delays of up to nine months
Customers waiting on a new Volkswagen will also find they’re waiting for longer than they may expect, with delivery not expected for at least 10 months on all of their electric models.
Founder and CEO of Electrifying.com Ginny Buckley said: ‘The news that waiting times are decreasing by a significant amount will be welcomed by many, however it also signals a change in consumer behaviour driven by the cost-of-living crisis.
‘If the car industry is to ride through this turbulent time, it needs to think about the impact of prioritising the production of SUVs and more premium models.
‘Going into the new year, we need to start seeing more affordable cars brought to market to encourage private buyers to make the switch; at the moment there are just three electric cars available which are priced under £30,000 and the lack of affordable models is having a detrimental effect on the market.’
Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.
For the latest headlines, follow our Google News channel
hartford car insurance shop car insurance best car insurance quotes best online car insurance get auto insurance quotes auto insurance quotes most affordable car insurance car insurance providers car insurance best deals best insurance quotes get car insurance online best comprehensive car insurance best cheap auto insurance auto policy switching car insurance car insurance quotes auto insurance best affordable car insurance online auto insurance quotes az auto insurance commercial auto insurance instant car insurance buy car insurance online best auto insurance companies best car insurance policy best auto insurance vehicle insurance quotes aaa insurance quote auto and home insurance quotes car insurance search best and cheapest car insurance best price car insurance best vehicle insurance aaa car insurance quote find cheap car insurance new car insurance quote auto insurance companies get car insurance quotes best cheap car insurance car insurance policy online new car insurance policy get car insurance car insurance company best cheap insurance car insurance online quote car insurance finder comprehensive insurance quote car insurance quotes near me get insurance