27 Jun '18, 3pm

The Cost Of Car Ownership Is Shifting In Favour Of Electric

Leading smart charging solutions provider NewMotion has found that the cost of owning an electric vehicle in the UK is steadily becoming cheaper than a traditional internal combustion engine (ICE) car. Recent fuel price rises have already had a significant impact on the day-to-day running costs of traditional vehicles in the UK. In comparison, NewMotion found that the Nissan Leaf, the UK’s most popular EV, can be fully charged for just £2.37, during the night when electricity is cheaper and has a range of 100 miles. At today’s petrol price of 128.91 pence per litre, a 100 mile journey would cost petrol motorists £11.23 in a brand new fuel efficient car. When these costs are applied annually, based on the average number of miles travelled each year by UK drivers, then EV drivers could save a massive £691.08 per year on fuel costs. Additionally, EVs benefit from a number of ...

Full article: https://electriccarsreport.com/2018/06/the-cost-of-car-ow...

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