Ms Marguerite Sayers:

I have a comment on the issue of cost and price. This is based on information that we have from Bloomberg. Our understanding is that from 2024 onwards, and certainly from 2025 onwards, the price of an internal combustion engine car should be similar to an EV. That is based on external advice to us.

I endorse what was said about infrastructure. It is very important that in the future homes would have an e-car charger or at least the wiring in the house to allow that to happen very easily. That would be a worthwhile step because it saves a lot of work afterwards if it is already mandated that such work would happen. What we are finding is a lot of builders are also taking the initiative themselves because it is a point of sale. Having an EV home charger makes a huge difference to the experience for an EV driver. While most of the commentary tends to be around urban drivers owning EVs, the rural population has a big advantage because they have the wherewithal within their homes in most cases to be able to install the infrastructure quite easily.