UBS: Diesel cars set for market slump, as EVs tipped for top spot

Madeleine Cuff
clock • 3 min read

Swiss bank predicts diesel cars will 'almost disappear' from the market by 2025 as electric cars come to the fore

Diesel vehicles will have almost disappeared from the passenger car market within the next decade according to new predictions from Swiss investment bank UBS, which conclude punitive regulations and the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Study: Petrol drivers' fuel costs already exceed EV drivers' annual charging costs

Study: Petrol drivers' fuel costs already exceed EV drivers' annual charging costs

Analysis shows rising petrol prices have pushed the cost of fuelling the average petrol car to £1,353 a year, compared to just £592 for an EV driver charging at home

clock 09 June 2026 • 2 min read
Could weaker car emissions rules drive up energy grid costs across Europe?

Could weaker car emissions rules drive up energy grid costs across Europe?

Diluting CO2 targets for new cars could result in 49 million fewer EVs on Europe’s roads by 2040, potentially leading to an additional €4bn a year in grid spending

Michael Holder
clock 08 June 2026 • 6 min read
100 days of Iran war: Petrol and diesel drivers face £6.3bn in higher costs

100 days of Iran war: Petrol and diesel drivers face £6.3bn in higher costs

New analysis reveals how spike in oil prices mean diesel drivers have paid over £250 more for fuel than EV drivers in recent months

James Murray
clock 06 June 2026 • 4 min read