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    "result": {"data":{"story":{"content":"{\"seo\":{\"_uid\":\"78c2948f-920c-454f-956b-d70b095b6010\",\"title\":\"The number of EV models available expected to rise as battery costs fall\",\"plugin\":\"seo_metatags\",\"og_image\":\"\",\"og_title\":\"\",\"description\":\"Despite COVID19 there has been an increase in EV. Read this article for more information.\",\"twitter_image\":\"\",\"twitter_title\":\"\",\"og_description\":\"\",\"twitter_description\":\"\"},\"_uid\":\"2b7a555a-8489-4018-875b-d9f721684ca0\",\"image\":{\"id\":2131418,\"alt\":\"Tesla Model Y\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/1600x520/219b7c0264/tesla_model_y.jpeg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"title\":\"The number of EV models available expected to rise as battery costs fall\",\"author\":{\"name\":\"Lynn\",\"created_at\":\"2021-04-07T13:34:05.364Z\",\"published_at\":\"2021-04-07T13:35:00.911Z\",\"updated_at\":\"2021-04-07T13:35:00.941Z\",\"id\":44714519,\"uuid\":\"b0e8f397-2ab5-4d85-aa99-de27a835dacc\",\"content\":{\"seo\":{\"_uid\":\"b005c5cb-2bd1-4ef7-87e9-c9a1f9b9a44a\",\"title\":\"Lynn\",\"plugin\":\"seo_metatags\",\"og_image\":\"\",\"og_title\":\"\",\"description\":\"Lynn\",\"twitter_image\":\"\",\"twitter_title\":\"\",\"og_description\":\"\",\"twitter_description\":\"\"},\"_uid\":\"aac59aaf-d282-4645-9975-62301f0e5510\",\"name\":\"Lynn\",\"avatar\":{\"id\":2112728,\"alt\":\"Lynn\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/1600x1600/a6af7d79f0/lynn.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"component\":\"author\",\"occupation\":\"Content specialist\",\"description\":\"Writes blogs about EV charging and climate solutions for 50five.\"},\"slug\":\"lynn\",\"full_slug\":\"en-gb/author/lynn\",\"sort_by_date\":null,\"position\":-70,\"tag_list\":[],\"is_startpage\":false,\"parent_id\":41803791,\"meta_data\":null,\"group_id\":\"4626b761-1ca3-4011-95cc-dcea65e72b19\",\"first_published_at\":\"2021-04-07T13:35:00.911Z\",\"release_id\":null,\"lang\":\"default\",\"path\":null,\"alternates\":[],\"default_full_slug\":null,\"translated_slugs\":null,\"_stopResolving\":true},\"content\":[{\"_uid\":\"81615304-09bf-4c58-9558-718a3de27541\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"To help you understand and digest this concept, we present you with a thoroughly researched article containing a comprehensive writeup on “EV battery costs vs Electrical Vehicle price.” The report looks into how trends may impact the energy, infrastructure, automotive, and battery materials markets in the coming decade. Will everyone soon be owning an EV because of reduced battery costs and an increased number of EV models?\",\"type\":\"text\",\"marks\":[{\"type\":\"bold\"}]}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"7686e9a3-b9a6-470a-8515-268f6f5ebe3c\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"EV sales from 2019\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"db71814e-9baa-4703-ae01-3cd829fa253e\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Remarkably, EVs’ registrations \",\"type\":\"text\"},{\"text\":\"increased from 247,000 in 2019 to around 465,000 in 2020 despite COVID19\",\"type\":\"text\",\"marks\":[{\"type\":\"link\",\"attrs\":{\"href\":\"/en-gb/e-mobility/blog/ev-sales-rise-despite-covid-19\",\"uuid\":\"f94ec786-6945-42d6-9292-f30f420ef79f\",\"anchor\":null,\"target\":null,\"linktype\":\"story\",\"story\":{\"name\":\"EV sales rise despite COVID-19\",\"id\":43359622,\"uuid\":\"f94ec786-6945-42d6-9292-f30f420ef79f\",\"slug\":\"ev-sales-rise-despite-covid-19\",\"url\":\"en-gb/e-mobility/blog/ev-sales-rise-despite-covid-19\",\"full_slug\":\"en-gb/e-mobility/blog/ev-sales-rise-despite-covid-19\",\"_stopResolving\":true}}}]},{\"text\":\". With 2021 looking already healthy at its youthful stage, the sales will likely continue to rise because of an anticipated fall in battery prices, improvement in energy density, increase in the number of charging infrastructure, and of course, the spreading of sales to markets.\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"img\":{\"id\":2131519,\"alt\":\"EV\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/1200x700/f1d2b1f327/ev_registrations_2019_2020.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"_uid\":\"ac7a68d3-bcae-42c6-8b37-f0e6e8498c5c\",\"preset\":\"\",\"component\":\"image\",\"max_width\":\"\",\"margin_bottom\":\"default\",\"aspect_ratio_mobile\":\"original\",\"aspect_ratio_tablet\":\"original\",\"aspect_ratio_desktop\":\"original\"},{\"_uid\":\"e60ae0e1-3ae6-41ae-b380-20162094c337\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Even though the total vehicle electric share seems small, it is rising faster than we thought. Markets like Europe and China are already achieving high penetrations increasing the global average. The only challenge that there seem to be is with emerging markets that have a lower adaptation. But as these prices shrink even further, consumers’ anxiety is disappearing! EVs may soon outdo ICE-powered vehicles, making the world an exciting place to be!\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"ff46cca9-1497-4914-a750-d8c64252efd5\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Increased availability\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"360464c1-edc4-4f10-aba9-0cbbf11b1b97\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Automakers are already accelerating their plans to launch the latest EVs on the market. By 2022, the market is likely to flood with more than 500 different models globally. Competitive pricing and consumer choice will be another significant factor that will attract new buyers.\",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"With the anticipated launch rate, the vehicles will soon be an increasingly common sight by 2022\",\"type\":\"text\",\"marks\":[{\"type\":\"link\",\"attrs\":{\"href\":\"/en-gb/e-mobility/blog/new-ev-cars-coming-2021\",\"uuid\":\"dcd85fb5-b0f7-435b-8ce2-f36b72cf6eed\",\"anchor\":null,\"target\":null,\"linktype\":\"story\",\"story\":{\"name\":\"New EV cars coming in 2021\",\"id\":43360064,\"uuid\":\"dcd85fb5-b0f7-435b-8ce2-f36b72cf6eed\",\"slug\":\"new-ev-cars-coming-2021\",\"url\":\"en-gb/e-mobility/blog/new-ev-cars-coming-2021\",\"full_slug\":\"en-gb/e-mobility/blog/new-ev-cars-coming-2021\",\"_stopResolving\":true}}}]},{\"text\":\". The industry experts also claim that solid-state EV batteries might help in speeding up the dropping prices. This way, EVs will end up having an almost-similar price tag with petrol and diesel powered cars, thus increasing their adoption.\",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"If the launch is as predicted by the experts, the world will be EV-oriented!\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"img\":{\"id\":2131522,\"alt\":\"tesla\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/1536x499/c85fc24b71/tesla_model_s-1536x499.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"_uid\":\"19d9d71e-84d7-41e6-98ae-3ff4af02a0cd\",\"preset\":\"\",\"component\":\"image\",\"max_width\":\"\",\"margin_bottom\":\"default\",\"aspect_ratio_mobile\":\"16:9\",\"aspect_ratio_tablet\":\"16:9\",\"aspect_ratio_desktop\":\"16:9\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"b139867e-7196-49ee-8d5a-751f005227ac\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"A look into the EV battery packs\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"984e6dc2-802f-4596-93a4-a64f50597a08\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"The advancements in battery technology are what has mainly resulted in the decreasing prices of EV batteries. The battery pack is approximately ¼ of the total vehicle’s cost, which is a significant factor in setting the price tag. An EV battery pack stores around 10-100 kWh of electricity. For example, a typical Tesla Model S comes with a 400 miles range and a battery capacity of 100 kWh. On the other hand, a Mitsubishi i-MIEV features a 62 mile range and a battery capacity of 16 kWh.\",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"An EV battery pack went for over £737/kWh in 2010. This significantly reduced to £110/kWh by 2019. Even with this fall, the auto industry is still figuring out how best to cut costs further. Manufacturers presume that these prices will soon reduce the to £59/kWh mark. And at this battery price point, EV prices will be much lower than that of combustion engine vehicles.\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"img\":{\"id\":2131530,\"alt\":\"electric car\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/1536x499/4a39722c40/electric_car_battery_frame-copy-1536x499.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"_uid\":\"fc1fbbd8-2577-43b7-8e9f-ae61adf00e76\",\"preset\":\"\",\"component\":\"image\",\"max_width\":\"\",\"margin_bottom\":\"default\",\"aspect_ratio_mobile\":\"original\",\"aspect_ratio_tablet\":\"original\",\"aspect_ratio_desktop\":\"original\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"c5c2a5e6-a488-465a-9115-08f1bac74577\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Interesting facts that you should know!\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"4df9004f-b8f3-4faf-a692-6b20ed773582\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Did you Know? The average battery price per-kWh is likely to be £74 by 2023 and £43 by 2030. The £73-per kilowatt price point where the EV costs will match the average prices of ICE-powered automotive. Interesting, right? Fortunately, it seems like this cost is continuously reducing, and experts predict that a time will come when the price will meet an average middle-class customer’s needs.\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"e4aca5ad-fcee-4a85-a70f-f56246ee66aa\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Why is the prediction sure?\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"2aedc3e6-ceab-4087-a134-ca0120d7172c\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Besides the fall of battery costs, the EV market will undoubtedly witness a rapid evolution because of:\",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"Proactive participation from the automotive industry in designing more EVs makes this prediction sure. For instance, \",\"type\":\"text\"},{\"text\":\"Tesla signed a contract in 2018 with the Chinese authorities to establish an auto plant in Shanghai\",\"type\":\"text\",\"marks\":[{\"type\":\"link\",\"attrs\":{\"href\":\"/en-gb/e-mobility/blog/the-race-for-ev-dominance-has-begun\",\"uuid\":\"f838979c-0ed4-49ae-afed-8017cc91e03d\",\"anchor\":null,\"target\":null,\"linktype\":\"story\",\"story\":{\"name\":\"The race for EV dominance has begun\",\"id\":43360284,\"uuid\":\"f838979c-0ed4-49ae-afed-8017cc91e03d\",\"slug\":\"the-race-for-ev-dominance-has-begun\",\"url\":\"en-gb/e-mobility/blog/the-race-for-ev-dominance-has-begun\",\"full_slug\":\"en-gb/e-mobility/blog/the-race-for-ev-dominance-has-begun\",\"_stopResolving\":true}}}]},{\"text\":\". The two built a factory outside the United States that’d double the average size of the EV maker’s manufacturing globally.\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"img\":{\"id\":2131533,\"alt\":\"tesla\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/909x294/b6f19904d1/tesla_factory-1.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"_uid\":\"1fd41908-3ede-4b0f-8ab9-5e6e88aa2060\",\"preset\":\"\",\"component\":\"image\",\"max_width\":\"\",\"margin_bottom\":\"default\",\"aspect_ratio_mobile\":\"original\",\"aspect_ratio_tablet\":\"original\",\"aspect_ratio_desktop\":\"original\"},{\"_uid\":\"e98817da-d579-4350-a454-52c5ba7ba4f5\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"The favourable government support and policies worldwide on \",\"type\":\"text\"},{\"text\":\"tax rebates, grants, and subsidies\",\"type\":\"text\",\"marks\":[{\"type\":\"link\",\"attrs\":{\"href\":\"/en-gb/e-mobility/blog/everything-you-need-to-know-about-olev\",\"uuid\":\"42f06f7f-eb43-4ca2-956d-ebc7a2ff6d0b\",\"anchor\":null,\"target\":null,\"linktype\":\"story\",\"story\":{\"name\":\"Everything you need to know about OLEV\",\"id\":43359994,\"uuid\":\"42f06f7f-eb43-4ca2-956d-ebc7a2ff6d0b\",\"slug\":\"everything-you-need-to-know-about-olev\",\"url\":\"en-gb/e-mobility/blog/everything-you-need-to-know-about-olev\",\"full_slug\":\"en-gb/e-mobility/blog/everything-you-need-to-know-about-olev\",\"_stopResolving\":true}}}]},{\"text\":\" encourage the automotive sector to keep up with the ongoing inventions. Governments’ sensitivity towards a cleaner and greener environment has rapidly increased the global demand for zero-emission cars. Developed nations such as the UK, the US, and Europe are actively encouraging the invention and use of EVs to reduce harmful emissions to mother nature. This invention is resulting in a growth in EV sales.\",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"The establishment of significant EV markets in countries like China and the European Union also makes the prediction sure. This market growth is thanks to the increasing investment by automotive experts in the development of EVs.\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"4a069d76-99bf-41d0-b491-c52d43a1aa9a\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Other factors include\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"4008f6c2-cf5c-4238-9f3b-434d816e1495\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"bullet_list\",\"content\":[{\"type\":\"list_item\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"High demand for increased vehicle range/charge in developed countries.\",\"type\":\"text\"}]}]},{\"type\":\"list_item\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"The increasing availability of many EV charging infrastructure in many global countries.\",\"type\":\"text\"}]}]},{\"type\":\"list_item\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"The availability of convenient home charging options encourages consumers to buy EVs.\",\"type\":\"text\"}]}]}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"c679c436-aaff-44f6-a5c9-6abce87651eb\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Conclusion\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"43f6dcf2-b6cb-4ab4-97ee-327fc6bc9379\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Currently, the EV showrooms are a no-go-zone for those with tight budgets outside of a \",\"type\":\"text\"},{\"text\":\"few affordable EV options\",\"type\":\"text\",\"marks\":[{\"type\":\"link\",\"attrs\":{\"href\":\"/en-gb/e-mobility/blog/top-affordable-electric-cars\",\"uuid\":\"d23e5b03-7e7d-436c-98ef-00cf58e0ef4e\",\"anchor\":null,\"target\":null,\"linktype\":\"story\",\"story\":{\"name\":\"Our top picks for affordable electric cars\",\"id\":43359626,\"uuid\":\"d23e5b03-7e7d-436c-98ef-00cf58e0ef4e\",\"slug\":\"top-affordable-electric-cars\",\"url\":\"en-gb/e-mobility/blog/top-affordable-electric-cars\",\"full_slug\":\"en-gb/e-mobility/blog/top-affordable-electric-cars\",\"_stopResolving\":true}}}]},{\"text\":\". But here’s the good news to the automotive industry, global consumers, and the planet at large – nearly everyone will soon own and drive an EV. With this ongoing prediction, EVs will no longer have high prices, attracting even the middle-class shopper.\",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"We all long for the soon-to-be days when the fall of EV battery price will increase the number of EV models!\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"}],\"summary\":[],\"component\":\"blog\",\"short_text\":\"The cost of EV batteries is a significant factor that determines how the EVs will stack up in the coming decades. While the battery costs are reducing, experts debate how far the dwindle will go before EVs hit a price parity. Our outlook is a long-term forecast of how electrification, shared mobility, and autonomous driving will impact road transport from now out to 2040.\"}","full_slug":"en-gb/e-mobility/blog/low-cost-ev-batteries-to-cause-rise-in-ev-models","alternates":[],"first_published_at":"2021-01-14T11:56:00.000Z","published_at":"2021-05-12T13:17:31.717Z","tag_list":["ev charger"],"read_time":3},"related":{"nodes":[{"uuid":"27e93ad7-bd0b-4582-aa4e-67a4cbb58b6c","content":"{\"seo\":{\"_uid\":\"78c2948f-920c-454f-956b-d70b095b6010\",\"title\":\"EV charger grants set to change | 50five\",\"plugin\":\"seo_metatags\",\"og_image\":\"\",\"og_title\":\"\",\"description\":\"The Office for Zero Emission Vehicles (OZEV) is changing the requirements for the Electric Vehicle Homecharge Scheme (EVHS) in April 2022.\",\"twitter_image\":\"\",\"twitter_title\":\"\",\"og_description\":\"\",\"twitter_description\":\"\"},\"_uid\":\"2b7a555a-8489-4018-875b-d9f721684ca0\",\"image\":{\"id\":3835870,\"alt\":\"Communal parking EV chargers\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/1600x520/fdf7a85b85/communal_parking_ev_chargers.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"title\":\"EV charger grants set to change in April 2022\",\"author\":{\"name\":\"Oliver\",\"created_at\":\"2021-03-30T09:11:03.812Z\",\"published_at\":\"2021-03-30T10:59:46.238Z\",\"updated_at\":\"2021-03-30T10:59:46.265Z\",\"id\":43841224,\"uuid\":\"8f27b447-d554-449b-bc56-d4e557bc288e\",\"content\":{\"seo\":{\"_uid\":\"f93c0577-665a-418b-8724-6251262de434\",\"title\":\"Oliver | 50five content specialist\",\"plugin\":\"seo_metatags\",\"og_image\":\"\",\"og_title\":\"\",\"description\":\"Oliver is a content specialist of 50five\",\"twitter_image\":\"\",\"twitter_title\":\"\",\"og_description\":\"\",\"twitter_description\":\"\"},\"_uid\":\"6403f542-481b-46a1-a11c-c4ecf853e1fe\",\"name\":\"Oliver\",\"avatar\":{\"id\":2100527,\"alt\":\"Oliver\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/768x953/078d254d84/oliver-arif.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"component\":\"author\",\"occupation\":\"Content Specialist\",\"description\":\"Oliver is a Content Specialist for 50five UK\"},\"slug\":\"oliver\",\"full_slug\":\"en-gb/author/oliver\",\"sort_by_date\":null,\"position\":-60,\"tag_list\":[],\"is_startpage\":false,\"parent_id\":41803791,\"meta_data\":null,\"group_id\":\"ac4e6648-46be-465f-a7ca-c02e96c872f2\",\"first_published_at\":\"2021-03-30T10:59:46.238Z\",\"release_id\":null,\"lang\":\"default\",\"path\":null,\"alternates\":[],\"default_full_slug\":null,\"translated_slugs\":null,\"_stopResolving\":true},\"content\":[{\"_uid\":\"64580acd-4a4a-4f69-a835-71862b0a8a34\",\"align\":\"default\",\"preset\":\"\",\"children\":[{\"_uid\":\"72e40b5b-1c56-408d-aa0a-ec54db7eb77a\",\"link\":{\"id\":\"4f0fd6dc-613a-4f20-8cda-6954f722b8e7\",\"url\":\"\",\"linktype\":\"story\",\"fieldtype\":\"multilink\",\"cached_url\":\"en-gb/e-mobility/charging-station-selection-tool\"},\"type\":\"button\",\"title\":\"Get an EV charger quote today\",\"preset\":\"\",\"target\":\"_self\",\"variant\":\"primary\",\"relation\":[],\"component\":\"button\",\"icon_size\":\"default\",\"icon_type\":\"default\",\"icon_color\":\"default\",\"icon_spacing\":\"default\",\"icon_variant\":\"default\",\"icon_position\":\"left\",\"disable_nofollow\":false}],\"component\":\"button-group\",\"margin_bottom\":\"default\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"7686e9a3-b9a6-470a-8515-268f6f5ebe3c\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"What is changing?\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"db71814e-9baa-4703-ae01-3cd829fa253e\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"From April 2022, the \",\"type\":\"text\"},{\"text\":\"Office for Zero Emission Vehicle’s (OZEV)\",\"type\":\"text\",\"marks\":[{\"type\":\"link\",\"attrs\":{\"href\":\"/en-gb/e-mobility/blog/olev-changes-name-to-ozev\",\"uuid\":\"f90f05ec-8f41-47d2-bf58-641ec76e068e\",\"anchor\":null,\"target\":null,\"linktype\":\"story\",\"story\":{\"name\":\"OLEV changes name to OZEV\",\"id\":43360747,\"uuid\":\"f90f05ec-8f41-47d2-bf58-641ec76e068e\",\"slug\":\"olev-changes-name-to-ozev\",\"url\":\"en-gb/e-mobility/blog/olev-changes-name-to-ozev\",\"full_slug\":\"en-gb/e-mobility/blog/olev-changes-name-to-ozev\",\"_stopResolving\":true}}}]},{\"text\":\" Electric Vehicle Homecharge Scheme (EVHS) will be changing. The change comes as part of an effort to provide support for people in flats and rented accommodation that previously did not qualify.\",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"The main changes to the EVHS in 2022 will be on who is eligible for the grant scheme. The focus will shift towards those living in densely populated areas that may not have qualified for the grant scheme previously.\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"img\":{\"id\":3835736,\"alt\":\"EVHS funding banner OZEV\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/1600x520/98a7d51a42/evhs_funding_banner.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"_uid\":\"ac7a68d3-bcae-42c6-8b37-f0e6e8498c5c\",\"preset\":\"\",\"component\":\"image\",\"max_width\":\"\",\"margin_bottom\":\"default\",\"aspect_ratio_mobile\":\"original\",\"aspect_ratio_tablet\":\"original\",\"aspect_ratio_desktop\":\"original\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"ff46cca9-1497-4914-a750-d8c64252efd5\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"What is the Electric Vehicle Homecharge Scheme?\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"360464c1-edc4-4f10-aba9-0cbbf11b1b97\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"The Electric Vehicle Homecharge Scheme (EVHS) commonly referred to as OZEV funding, is a Government grant scheme which allows qualifying applicants to claim funding towards the installation of \",\"type\":\"text\"},{\"text\":\"Electrical Vehicle (EV) chargers.\",\"type\":\"text\",\"marks\":[{\"type\":\"link\",\"attrs\":{\"href\":\"/en-gb/e-mobility/home-charging-station\",\"uuid\":\"e5e85b3c-f3ef-4f41-bbed-b10d57b1980a\",\"anchor\":null,\"target\":null,\"linktype\":\"story\",\"story\":{\"name\":\"Home charging station\",\"id\":43379668,\"uuid\":\"e5e85b3c-f3ef-4f41-bbed-b10d57b1980a\",\"slug\":\"home-charging-station\",\"url\":\"en-gb/e-mobility/home-charging-station\",\"full_slug\":\"en-gb/e-mobility/home-charging-station\",\"_stopResolving\":true}}}]}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"Currently the scheme offers a voucher of up to £350 towards the installation of an Electric Vehicle charger unit at a qualifying property (up to a maximum of 75% of the cost of the EV charger itself). The main requirement of this grant scheme is that the applicant owns, leases or has ordered a qualifying Electric Vehicle and has dedicated off-street parking available at their property with a limit of up to 2 funded EV chargers per property.   \",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"Read more about the current EVHS\",\"type\":\"text\",\"marks\":[{\"type\":\"link\",\"attrs\":{\"href\":\"/en-gb/e-mobility/blog/everything-you-need-to-know-about-olev\",\"uuid\":\"42f06f7f-eb43-4ca2-956d-ebc7a2ff6d0b\",\"anchor\":null,\"target\":null,\"linktype\":\"story\",\"story\":{\"name\":\"Everything you need to know about OLEV\",\"id\":43359994,\"uuid\":\"42f06f7f-eb43-4ca2-956d-ebc7a2ff6d0b\",\"slug\":\"everything-you-need-to-know-about-olev\",\"url\":\"en-gb/e-mobility/blog/everything-you-need-to-know-about-olev\",\"full_slug\":\"en-gb/e-mobility/blog/everything-you-need-to-know-about-olev\",\"_stopResolving\":true}}}]}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"b139867e-7196-49ee-8d5a-751f005227ac\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"How will the scheme change in 2022?\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"984e6dc2-802f-4596-93a4-a64f50597a08\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"The scheme will no longer be open to homeowners (including people with mortgages) who live in single-unit properties such as bungalows and detached, semi-detached or terraced housing. Installations for single-unit properties must be completed by 31st March 2022 and a claim submitted to the Driver and Vehicle Licensing Agency (DVLA) by 30th April 2022. \",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"After March 31st 2022 focus will shift aim towards building owners, landlords and social housing providers as well as owners of apartment blocks with a few exceptions for homeowners in flats & those in rental accommodation. \",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"There will be a few exceptions for those living in flats or rented single-unit properties where a qualifying vehicle is owned, leased or on order.\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"img\":{\"id\":2129331,\"alt\":\"EV\",\"_uid\":\"ae36203c-6222-4a24-af16-3d009318b2c1\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/909x294/6bcb61305f/ev_charger_at_home.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"_uid\":\"9e498dde-ba6d-4fea-9a8b-2f8b95fe85e0\",\"preset\":\"\",\"component\":\"image\",\"max_width\":\"\",\"margin_bottom\":\"default\",\"aspect_ratio_mobile\":\"original\",\"aspect_ratio_tablet\":\"original\",\"aspect_ratio_desktop\":\"original\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"c5c2a5e6-a488-465a-9115-08f1bac74577\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"50five's recommendation\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"4df9004f-b8f3-4faf-a692-6b20ed773582\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"If you are a qualifying homeowner and own, lease or have an Electric Vehicle on order we would strongly recommend that you apply for the EVHS right now if an EV charger is not already present at your property. \",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"If you are unsure whether you qualify for the current grant scheme, please feel free to call us for advice on 0800 612 5050. \",\"type\":\"text\",\"marks\":[{\"type\":\"italic\"},{\"type\":\"styled\",\"attrs\":{\"class\":\"primary-500\"}}]}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"If you live in rented accommodation we can apply for the grant on your behalf, providing you have dedicated off-street parking and your landlord supplies written permission.\",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"Electric Vehicles can offer significant savings over their Internal Combustion Engine (ICE) counterparts\",\"type\":\"text\",\"marks\":[{\"type\":\"link\",\"attrs\":{\"href\":\"/en-gb/e-mobility/blog/the-choice-to-go-electric-or-not-is-it-cheaper\",\"uuid\":\"8a770b75-3316-42b6-86e5-208728247d78\",\"anchor\":null,\"target\":null,\"linktype\":\"story\",\"story\":{\"name\":\"The choice to go electric or not is it cheaper\",\"id\":43357639,\"uuid\":\"8a770b75-3316-42b6-86e5-208728247d78\",\"slug\":\"the-choice-to-go-electric-or-not-is-it-cheaper\",\"url\":\"en-gb/e-mobility/blog/the-choice-to-go-electric-or-not-is-it-cheaper\",\"full_slug\":\"en-gb/e-mobility/blog/the-choice-to-go-electric-or-not-is-it-cheaper\",\"_stopResolving\":true}}}]},{\"text\":\" through lower fuel and maintenance costs. An EV charger being present at your property may provide you with a more realistic opportunity to make the switch to EV!\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"5fc33471-af9a-4cab-861d-bf2f4f7dc5c2\",\"align\":\"default\",\"preset\":\"\",\"children\":[{\"_uid\":\"f81f7d55-6eac-466f-85d5-b52070313e8f\",\"link\":{\"id\":\"4f0fd6dc-613a-4f20-8cda-6954f722b8e7\",\"url\":\"\",\"linktype\":\"story\",\"fieldtype\":\"multilink\",\"cached_url\":\"en-gb/e-mobility/charging-station-selection-tool\"},\"type\":\"button\",\"title\":\"Get an EV charger quote today\",\"preset\":\"\",\"target\":\"_self\",\"variant\":\"primary\",\"relation\":[],\"component\":\"button\",\"icon_size\":\"default\",\"icon_type\":\"default\",\"icon_color\":\"default\",\"icon_spacing\":\"default\",\"icon_variant\":\"default\",\"icon_position\":\"left\",\"disable_nofollow\":false}],\"component\":\"button-group\",\"orientation\":\"default\",\"margin_bottom\":\"default\"}],\"summary\":[],\"updated\":\"\",\"component\":\"blog\",\"short_text\":\"The Office for Zero Emission Vehicles (OZEV) is changing the requirements for the Electric Vehicle Homecharge Scheme (EVHS) in April 2022. \"}","full_slug":"en-gb/e-mobility/blog/ev-charger-grant-schemes-set-to-change","first_published_at":"2022-02-10T13:49:24.694Z","published_at":"2022-04-04T09:54:42.255Z","read_time":2},{"uuid":"86cb8a58-4ff2-47ee-a6b3-cadd902f28d9","content":"{\"seo\":{\"_uid\":\"78c2948f-920c-454f-956b-d70b095b6010\",\"title\":\"The global microchip shortage | 50five\",\"plugin\":\"seo_metatags\",\"og_image\":\"\",\"og_title\":\"\",\"description\":\"There is a global shortage of ‘semiconductor chips’ which are used in hundreds of our day-to-day items from electric toothbrushes to the latest cars. \",\"twitter_image\":\"\",\"twitter_title\":\"\",\"og_description\":\"\",\"twitter_description\":\"\"},\"_uid\":\"2b7a555a-8489-4018-875b-d9f721684ca0\",\"image\":{\"id\":3134345,\"alt\":\"microchip\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/1600x520/1939aecc27/microchip_shortage.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"title\":\"The global microchip shortage that you didn't know about\",\"author\":{\"name\":\"Oliver\",\"created_at\":\"2021-03-30T09:11:03.812Z\",\"published_at\":\"2021-03-30T10:59:46.238Z\",\"updated_at\":\"2021-03-30T10:59:46.265Z\",\"id\":43841224,\"uuid\":\"8f27b447-d554-449b-bc56-d4e557bc288e\",\"content\":{\"seo\":{\"_uid\":\"f93c0577-665a-418b-8724-6251262de434\",\"title\":\"Oliver | 50five content specialist\",\"plugin\":\"seo_metatags\",\"og_image\":\"\",\"og_title\":\"\",\"description\":\"Oliver is a content specialist of 50five\",\"twitter_image\":\"\",\"twitter_title\":\"\",\"og_description\":\"\",\"twitter_description\":\"\"},\"_uid\":\"6403f542-481b-46a1-a11c-c4ecf853e1fe\",\"name\":\"Oliver\",\"avatar\":{\"id\":2100527,\"alt\":\"Oliver\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/768x953/078d254d84/oliver-arif.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"component\":\"author\",\"occupation\":\"Content Specialist\",\"description\":\"Oliver is a Content Specialist for 50five UK\"},\"slug\":\"oliver\",\"full_slug\":\"en-gb/author/oliver\",\"sort_by_date\":null,\"position\":-60,\"tag_list\":[],\"is_startpage\":false,\"parent_id\":41803791,\"meta_data\":null,\"group_id\":\"ac4e6648-46be-465f-a7ca-c02e96c872f2\",\"first_published_at\":\"2021-03-30T10:59:46.238Z\",\"release_id\":null,\"lang\":\"default\",\"path\":null,\"alternates\":[],\"default_full_slug\":null,\"translated_slugs\":null,\"_stopResolving\":true},\"content\":[{\"_uid\":\"64580acd-4a4a-4f69-a835-71862b0a8a34\",\"align\":\"default\",\"preset\":\"\",\"children\":[{\"_uid\":\"72e40b5b-1c56-408d-aa0a-ec54db7eb77a\",\"link\":{\"id\":\"4f0fd6dc-613a-4f20-8cda-6954f722b8e7\",\"url\":\"\",\"anchor\":\"\",\"linktype\":\"story\",\"fieldtype\":\"multilink\",\"cached_url\":\"en-gb/e-mobility/charging-station-selection-tool\"},\"type\":\"button\",\"title\":\"Get an EV charger quote\",\"preset\":\"\",\"target\":\"_self\",\"variant\":\"primary\",\"relation\":[],\"component\":\"button\",\"icon_size\":\"default\",\"icon_type\":\"default\",\"icon_color\":\"default\",\"icon_spacing\":\"default\",\"icon_variant\":\"default\",\"icon_position\":\"left\",\"disable_nofollow\":false}],\"component\":\"button-group\",\"margin_bottom\":\"default\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"7686e9a3-b9a6-470a-8515-268f6f5ebe3c\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"So what is happening?\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"db71814e-9baa-4703-ae01-3cd829fa253e\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"You may be sat there thinking \\\"why is my car delayed?\\\" or \\\"why can't I get the latest Xbox or Playstation?\\\". This is because of a global shortage of ‘semiconductor chips’ which are used in hundreds of our day-to-day items from electric toothbrushes to the \",\"type\":\"text\"},{\"text\":\"latest cars\",\"type\":\"text\",\"marks\":[{\"type\":\"link\",\"attrs\":{\"href\":\"/en-gb/e-mobility/blog/new-ev-cars-coming-2021\",\"uuid\":\"dcd85fb5-b0f7-435b-8ce2-f36b72cf6eed\",\"anchor\":null,\"target\":null,\"linktype\":\"story\",\"story\":{\"name\":\"New EV cars coming in 2021\",\"id\":43360064,\"uuid\":\"dcd85fb5-b0f7-435b-8ce2-f36b72cf6eed\",\"slug\":\"new-ev-cars-coming-2021\",\"url\":\"en-gb/e-mobility/blog/new-ev-cars-coming-2021\",\"full_slug\":\"en-gb/e-mobility/blog/new-ev-cars-coming-2021\",\"_stopResolving\":true}}}]},{\"text\":\". Even before the global COVID pandemic the demand for these tiny chips was much higher than the supply.\",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"Supply chains around the world are being affected as manufacturers struggle to obtain enough semiconductor chips for their electronic products. Many prospective vehicle owners are being told that their new cars are being delayed with no certainty on when they can be delivered. Some vehicle manufacturers have already announced that they are reducing supply as a result, Nissan recently announced that it will be producing 500,000 less vehicles due to the shortage. Many \",\"type\":\"text\"},{\"text\":\"EV charger manufacturers\",\"type\":\"text\",\"marks\":[{\"type\":\"link\",\"attrs\":{\"href\":\"/en-gb/e-mobility/brands-charging-station\",\"uuid\":\"da5ee66b-38f3-4885-891f-5df8ef8ba99f\",\"anchor\":null,\"target\":null,\"linktype\":\"story\",\"story\":{\"name\":\" Brands charging station\",\"id\":43394383,\"uuid\":\"da5ee66b-38f3-4885-891f-5df8ef8ba99f\",\"slug\":\"brands-charging-station\",\"url\":\"en-gb/e-mobility/brands-charging-station\",\"full_slug\":\"en-gb/e-mobility/brands-charging-station\",\"_stopResolving\":true}}}]},{\"text\":\" are also being hit by the shortage as the crisis shows no immediate signs of clearing.\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"img\":{\"id\":3134361,\"alt\":\"microchip close up\",\"name\":\"\",\"focus\":null,\"title\":\"\",\"filename\":\"https://a.storyblok.com/f/108028/1600x520/0b22dc7d6b/microchip_shortage2.jpg\",\"copyright\":\"\",\"fieldtype\":\"asset\"},\"_uid\":\"ac7a68d3-bcae-42c6-8b37-f0e6e8498c5c\",\"preset\":\"\",\"component\":\"image\",\"max_width\":\"\",\"margin_bottom\":\"default\",\"aspect_ratio_mobile\":\"original\",\"aspect_ratio_tablet\":\"original\",\"aspect_ratio_desktop\":\"original\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"ff46cca9-1497-4914-a750-d8c64252efd5\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"What are semiconductor chips and why the shortage?\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"360464c1-edc4-4f10-aba9-0cbbf11b1b97\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"To put it simply, semiconductor chips are used to control the electrical current in an electronic device. They are present in almost every daily appliance we use. Some economists have begun calling them “the new oil” due to their importance to daily modern life.\",\"type\":\"text\"}]},{\"type\":\"paragraph\",\"content\":[{\"text\":\"The shortage itself was mainly caused by the global COVID outbreak; many companies cancelled their orders for chips assuming that the economy was about to take a downturn. Semiconductor chip manufacturing plants also closed during this time. However, the issue wasn’t just on the manufacturing side as major ports around the world also shut down leaving hundreds of container ships unable to dock, creating a bottleneck in supply.\",\"type\":\"text\"}]}]},\"color\":\"default\",\"preset\":\"\",\"component\":\"rich-text\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"id\":\"\",\"tag\":\"h2\",\"_uid\":\"b139867e-7196-49ee-8d5a-751f005227ac\",\"size\":\"default\",\"type\":\"heading\",\"color\":\"default\",\"title\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"When will it be resolved?\",\"type\":\"text\"}]}]},\"preset\":\"\",\"component\":\"heading\",\"text_align\":\"default\",\"margin_bottom\":\"default\"},{\"_uid\":\"b4127e13-ce1e-4452-89fd-6a3561c3bbbb\",\"size\":\"default\",\"text\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"content\":[{\"text\":\"Experts within the chip industry are predicting that the shortage will easily roll over into 2022 and could well last for a further two years before normality is restored. 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