How to stimulate demand for BEVs in UK and Europe

Thursday 10th April 2025 UK: 13.00 1 hour

Sponsored by

Speakers:

• Stijn Blanckaert, general manager of Renta (Belgian rental and leasing association)
• Adrian Dally, director of motor finance & strategy, FLA
• Ian Plummer, Chief Commercial Officer, Auto Trader
• Nick Smith, Partner, Deloitte
• Moderated by David Betteley, head of content, Asset Finance Connect

The UK and Europe have a similar challenge – how to accelerate demand for BEVs. 

The European Government published the Industrial Action Plan for the European Automotive Sector on the 5th March this year. This was essentially a roadmap indicating the direction of support for the sector with specific references to EV sales.

Back in the UK, ministers are reportedly drawing up plans to subsidise electric car purchases by guaranteeing consumer loans and/or supporting residual values, as they look at ways to drive up battery electric vehicle sales that remain stubbornly below official targets across UK and Europe. 

The big UK announcement (if it happens at all!) seems likely at the Spring Statement on 26th March. What better opportunity for AFC to consult UK and EU industry leaders to consider the implications of whatever the Spring statement includes and how it will impact the many challenges (and opportunities!) for government and industry?

So what’s in the webinar?

Lessons from Belgium – Uptake of BEVs in Belgium leads the EU pack with 8/9 out of ten vehicles  are electric. Stijn Blanckaert reports on what the Belgians have done to stimulate uptake, and the challenges they are now facing as the EU focus moves from sustainability to defence.

Expectations from the UK – Adrian Dally will comment on the opportunity for the UK Government to stimulate demand in the UK – how he believes UK Government might proceed; what problems need to be addressed; how limited fiscal headroom will change the levers the government are able to use

Analysis from leading industry commentators – Nick Smith and Ian Plummer will help David Betteley assess what’s likely to happen next. Where are the opportunities for the UK auto industry, how can it manage the uncertainties?

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