General Tech
Analysis: EVs are now nine times cheaper than petrol or diesel to drive in UK
Electric vehicles (EVs) are now nine times cheaper to drive in the UK than petrol or diesel cars, according to a recent analysis. The study found that EVs have a lower cost of ownership due to lower fuel costs, lower maintenance costs, and lower vehicle depreciation. The analysis also found that the cost of EVs has decreased by 66% over the past five years, making them a more viable option for consumers. The UK government's plug-in car grant, which provides a discount of up to £3,500 on the purchase of an EV, has also contributed to the decrease in cost. However, the study's author notes that while EVs are now cheaper to drive, they are still more expensive to purchase upfront.
Read the full article at carbonbrief.org →