SMMT News

Insurance companies convene at SMMT to discuss EV market

31 March 2011 #SMMT News

Companies from the UK insurance industry today met at SMMT to discuss how the low carbon vehicle market will impact on motor insurance premiums.

Henry Carver, Head of Consumer Incentives at the Office for Low Emission Vehicles (OLEV) and other senior automotive industry representatives gave members from the Association of British Insurers (ABI) an overview on the latest technical and safety information for electric vehicles, as the UK’s transition to a low carbon industry gathers momentum.  

Covering topics which included safety, battery disposal, mileage range, charging capabilities, maintenance, warranties, leasing and the second hand market for electric vehicles, vehicle manufacturers also gave their perspective on electric vehicle uptake, including 2011 market projections.

SMMT Chief Executive, Paul Everitt, chaired the seminar, which was attended by approximately 100 delegates. A number of electric vehicles were also available to test drive throughout the day, including some models yet to become available in the UK.

For more information on SMMT’s Electric Vehicle Insurance Group, contact Peter Davis, Technical Manager pdavis@smmt.co.uk.

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