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This is Money Podcast

Is Britain ready for electric cars? We talk driving, charging and buying

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1650 Ratings

🗓️ 20 November 2020

⏱️ 54 minutes

🧾️ Download transcript

Summary

For better or worse the internal combustion engined car has shaped economies and the way we live over the past century.

Now Britain has been told that new petrol and diesel engine cars will not be allowed to be sold in just nine years’ time.

But the car itself isn’t going anywhere – just the way it is propelled and hybrids will still be allowed – so how much difference will the 2030 ban on new petrol and diesel cars make?

Is the rise of the electric car inevitable anyway and even with Brexit is it more important what Germany, France and the rest of Europe choose to do, than what the UK decides?

On this week’s podcast, Georgie Frost, Lee Boyce and Simon Lambert talk electric cars: from what the shift to them means, to what they are like to drive, charge and live with.

Simon explains his experiences of charging electric cars without a home wallbox and why he thinks the Government needs to buck its ideas up on public charging and stop making policy only for those with a drive.

He also talks through what three popular electric cars, the Renault Zoe, Peugeot 208 and Tesla Model 3 are like to drive and why the Porsche Cayenne with a conscience shows the way forward for those who feel they need a big, fast, luxury SUV.

Also on this week’s podcast, the team discuss yet more pain for savers and the chaos at major port Felixstowe and why it matters to businesses and consumers.

And finally, Bitcoin’s back… but as it climbs towards its previous peak, is it different this time?

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to This Is Money Podcast. I'm Georgie Frost and alongside me and editor Simon Lambert today is Assistant Editor Lee Boyce.

0:07.7

And this week, in a break from coronavirus updates, the Prime Minister instead outlined his plans to steer us all towards electric vehicles.

0:16.4

A ban on sales of new diesel and petrol cars by 2030, a full 10 years earlier than planned.

0:22.7

But are we ready? Do you know your B-EV from your PHEV? We do some car-related jargon

0:29.8

busting while Simon does some electric vehicle myth-busting. Also today, just two easy access

0:36.1

accounts now beat inflation and more misery is piled on to savers.

0:40.9

Chaos, Felix, though, could cost small businesses dear and Bitcoin is back.

0:47.2

But is it different this time?

0:49.0

Don't forget to stay with all the latest breaking money news.

0:51.6

Just go to this ismoney.co.uk or download the app.

0:55.4

But first, it's finally been confirmed after months of speculation.

0:59.5

The Prime Minister has announced the ban on the sale of new petrol and diesel cars

1:03.2

would be bought forward by a decade.

1:05.5

Now, that means we have little over nine years to get ourselves ready.

1:10.6

The car industry groups say it would take a Herculean effort to get us ready in time.

1:15.1

However, your motoring correspondent, Rob Hull, thinks we shouldn't panic about the 2030 deadline.

1:21.7

Okay, firstly, Simon, it sounds a little bit daft, but you know me, straight in there.

1:28.2

What exactly is meant by an electric car in this context?

1:33.7

So what is being banned? What is not?

1:36.1

What on earth is a hybrid?

1:37.4

What's a Bev?

1:38.4

All these sorts of things.

...

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