Trends and Budgeting.
The policy of ending petrol and diesel car sales is right in my opinion (as a Green we’ve been saying it for years). It is good that the Government is recognising the need. It does give businesses a planning issue though.
Years of uncertainty about the level of Government commitment has held them back, now the rush is on.
“Alongside building cars with longer driving ranges, installing more car plug points will be crucial. There are currently just over 20,000 electric vehicle chargers across the UK. Millions more will be needed in the coming years to keep pace with the numbers of new vehicles hitting the roads.
The charge point industry is bullish, insisting it will be able to roll out enough chargers to meet demand. Pod Point, one of the UK’s largest charge point providers, say it is delivering 5,000 new chargers every month. National Grid is also confident it can deliver grid upgrades to make sure the growth in EV demand doesn’t overwhelm the power lines. “
Now the companies impacted have to accelerate their provision (charging points, infrastructure etc.) and as we know, that costs money, time, space and materials.
An interesting challenge in budgeting, planning production, particularly for those who are in a competitive situation.
How would you have prepared your company for a sudden boom in demand when you couldn’t predict exactly when the boom was going to come?
Presumably there was some planning as the ending of the sale of petrol and diesel cars was planned, but now it has been brought forward several years.