Car insurance: 1 in 20 cars to be green

Tuesday, 22 February 2011

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Around 300,000 electric cars will be travelling on the UK's roads by 2014, as motor insurance customers explore greener methods of travel, new research has found.

This means that electric cars would represent one-in-twenty of the total number of cars sold in the British market, according to research conducted by GFK Automotive.

As well as this, another half a million could potentially be sold if car insurance customers can put aside their worries over the new electric technology, with seven in ten people concerned about the range of the vehicles.

Mark Durham, automotive expert at GfK Automotive, said: "With so many people on the verge of going electric, the government, manufacturers and energy suppliers need to grasp the nettle and address peoples' concerns."

Mr Durham added that the government needs to promote the plug-in car grant more effectively, while the industry should address customer concern over the cars' range.

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