‘Young drivers are not a risk’: High insurance prices deter motorists from driving EVs

There are only 11 electric vehicles that cost less than £30,000 on the market, at the moment.

And, while the number of “semi-affordable” EVs has grown in the last four or five years, more still needs to be done, according to the expert.

Mr Willson said: “The £20,000 or the £10,000 electric car may never happen.

“But what we could think about is a funding mechanism whereby people, who are on lower incomes, could get some form of subsidised interest-free loan.

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