'Cusp of a tipping point': Study shows new EVs close to price-parity with petrol cars in UK

Michael Holder
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

New AutoMotive research calculates those buying a new EV can expect to save £3,000 to £7,000 over the next four years compared to buying a new petrol car

Motorists who buy a new electric vehicle (EV) rather than a petrol car should expect to save least £3,000 over the next four years - and potentially as much as £7,000 - due to lower charging prices, maintenance...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Automotive

Why Lime uses big electric trucks to haul its small electric scooters

Why Lime uses big electric trucks to haul its small electric scooters

The company cut emissions by 16 per cent with modular scooters and switching its operational fleet to electric trucks

Heather Clancy, GreenBiz.com
clock 28 June 2024 • 5 min read
The Global South is missing out on the EV revolution - Here's what automakers can do about it

The Global South is missing out on the EV revolution - Here's what automakers can do about it

As developed economies electrify their fleets, the rest of the world is being left behind

Tom Howarth, GreenBiz.com
clock 28 June 2024 • 5 min read
SMMT calls for tax breaks to help drive £50bn EV market opportunity

SMMT calls for tax breaks to help drive £50bn EV market opportunity

Auto industry body urges next government to deliver targeted policies to accelerate uptake of electric vehicles

Michael Holder
clock 25 June 2024 • 4 min read