29 Nov '16, 12am

Report: Electric vehicles to slash the cost of motoring for all

Report: Electric vehicles to slash the cost of motoring for all

Up until now one of the main barriers to adoption of electric cars has been the price premium they command, but according to a major new study paying more to own and run a zero emission vehicle could soon be a thing of the past. According to a new report from The European Consumer Organisation, BEUC , electric vehicles are on track to undercut petrol internal combustion engine vehicles on a total cost of ownership (TCO) basis from the mid-2020s onwards. Related articles Report: Electric vehicles to slash the cost of motoring for all Electric vehicle market poised to expand at "breakneck speed" Electric cars to cost more than conventional vehicles until 2030 Electric cars 'will be cheaper than conventional vehicles by 2022' The study, which was released yesterday, models total cost of ownership over a four year period for a range of vehicle types, including petrol and diese...

Full article: http://www.businessgreen.com/bg/news/3000408/report-elect...

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