Specialists have issued a significant warning to all petrol and diesel homeowners forward of the UK’s upcoming automotive ban.
Petrol and diesel automobiles could also be ‘unviable’ after this date (Picture: Getty)
Petrol and diesel automobiles will grow to be “unviable” by the tip of the last decade, with highway customers tipped to show their again on combustion automobiles. Evaluation by EV specialists PodPoint has warned that “falling residual values” for petrol and diesel fashions will make them successfully nugatory by 2030.
They recommended that drivers are more likely to ditch petrol and diesel automobiles as it’s “onerous to think about” why motorists would hassle with combustion fashions when electrical automotive prices drop. The evaluation comes forward of the UK’s upcoming ban on petrol and diesel automobiles, set to be launched in 2030.
Petrol automobile values may fall within the coming years (Picture: Getty)
Beneath the brand new rule, most producers will likely be unable to promote brand-new combustion petrol and diesel automobiles, with solely sure exemptions in place. Nevertheless, PodPoint recommended that almost all drivers would have already embraced electrical fashions by this stage, particularly when upfront prices grow to be extra reasonably priced.
They defined: “Electrical automobiles are already cheaper to run than ICE equivalents, and with battery costs persevering with to fall, they’ll quickly be cheaper to purchase as nicely. Actually, we’re already beginning to see some solidly reasonably priced mass-market fashions with respectable ranges arriving.
“After all, there’s nonetheless a number of work that must be achieved to construct the charging infrastructure we have to assist the mass uptake of electrical automobiles over the subsequent decade. However relaxation assured, that work is nicely underway, inspired by the demand for EVs and our collective have to safeguard the surroundings and halt local weather change.
“So it’s already simple to see why you would possibly purchase an EV in 2030, and onerous to think about why you’d hassle with an ICE automotive, even a second-hand one. This implies falling residual values will make them unviable, pushing the UK nearer to 100% electrical gross sales.”
Regardless of the optimism, model new petrol automobiles are nonetheless massively outselling EVs within the UK at this stage. Information from the Society of Motor Producers and Merchants (SMMT) revealed over 937,000 petrol automobiles had been bought in 2025, in comparison with simply 473,000 battery electrical fashions.
Simply over 100,000 model new diesel fashions additionally left forecourts in 2025, making certain the automobiles retain at the very least a 5% market share. Nevertheless, combustion gross sales had been on the decline, with petrol gross sales down by 8% and diesel curiosity declining by 15.6%.
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Mike Hawes, president of the SMMT, beforehand warned that extra was wanted if EVs had been to shut the hole.
He beforehand stated: “Rising EV uptake is an undoubted optimistic, however the tempo remains to be too gradual and the price to business too excessive. Authorities has stepped in with the Electrical Automobile Grant, however a brand new EV tax, extra expenses for EV drivers in London and expensive public charging ship combined alerts.”
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