A black electric car charging in a leafy street

Electric vehicles: Is the UK ready for electric cars?

8 November 2021 5 min read | By Natasha Patel, expert in Energy and Resources

"We must deliver a step change in the breadth and scale of our ambition to reduce transport’s GHG emissions to reach net zero. Transport is the largest contributor to UK greenhouse gas emissions (GHG), with road transport alone accounting for almost a quarter of our total emissions in 2019."

UK Secretary of State for Transport, 2021

Achieving net zero: opportunities in the transport industry

The world needs to pivot to a net zero economy. Transport is one of the leading sectors for carbon emissions, made up of aviation, marine, rail, road transport, all at different levels of maturity.

Transitioning to net zero will have a tremendous impact on the financial services industry through providing targeted lending and investments to help clients reduce their carbon footprint. Each of transport’s subsectors have their own set of risks and opportunities, with the financial services industry uniquely positioned to finance the transition. Natasha Patel, shares more in this short video.

 

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Natasha Patel Natasha Patel, e-Mobility Lead

Omar Siddique Omar Siddique, Automotive and Energy Retail

Isaac Pete Isaac Pete, Europe e-Mobility Strategy

Tim Lefroy Tim Lefroy, e-Mobility Modelling and Research

Richard McClay Richard McClay, e-Mobility Data and Insight 

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