29/07/2024
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Rewind a few years ago and Electric Vehicles (EVs) were an uncommon sight on our roads. Limited choice paired with poor battery life were a common gripe with many EV vehicles owners. Fast forward to present day and owners of EVs are no longer few and far between.
The number of EVs in the UK is growing at a rapid rate and by the end of June 2024, there were over 1,140,000 full electric cars on our roads. From 2022 to 2023 the UK saw a 41% growth of registered plug-in and hybrid electric cars, and by 2030, it is expected that 80% of new cars sold in Great Britain will be electric.
It’s not just the popularity of EVs that has increased but technology has also progressed rapidly in the field of EVs, too. Efficiency, model availability, faster charging, reduced operating costs and price premium are some of the positives that EV owners are benefiting from.
As more people consider purchasing an EV, advertising is becoming an important tool in reaching this audience. With studies reporting that over half of young drivers are likely to switch to an all-electric vehicle but also that they are the most likely to engage with out of home advertising (OOH) and make a purchase, there is a prime opportunity for electric vehicle brands to target this audience.
A study from YouGov found that people considering buying EV/plug-in hybrid cars are significantly more likely to notice ads displayed from certain medians, with over a quarter stating they would notice EV ads placed on billboards.
So, why is OOH so effective for EV ad campaigns?
We have delved into the audiences of Open Media’s portfolio to discover just how popular EVs and EV-related interests are. Utilising data from Starcount we have uncovered sites with over-index against three important interests; Sustainability, Climate & Green Issues, and Electric Vehicles.
Spanning across the county, the audience data has shown the clear appetite for EVs and interest in sustainability issues, most notably in Southern areas. The evidence is clear, electric vehicles are here to stay and OOH provides the perfect opportunity to target and become front of mind of consumer audiences.
To learn more about how OOH could work for your EV campaign, contact fiona@openmedia.uk.com
Sources: Statista, Zap-map, gov.uk, ONS, theecoexperts.co.uk, YouGov, Warc, Starcount