The “Cost of Driving Electric” (CODE) report shows that 80 per cent of drivers could save money by switching away from traditional petrol and diesel vehicles.
Electric car owners can save £5,850 with millions of drivers urged to ditch petrol and diesel vehicles. The “Cost of Driving Electric” (CODE) report shows that 80 per cent of drivers could save money by switching away from traditional petrol and diesel vehicles.
Drivers would save an average of £5,850 across five years for a used vehicle and four years for a new EV, the report found. Across the lifecycle of an electric vehicle, a used EV would see drivers spend £2,781 less than if they had an equivalent internal combustion engine model.
Dan Caesar, CEO of EVUK, said: “It is our mission to present the whole picture and not just present a partial – or even partisan – picture, of the realities of driving electric. EVUK was launched to bring the EV industry together, as one, and better educate mainstream drivers around common uncertainties and explain the many benefits of battery EVs, to accelerate uptake in the UK.”
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Quentin Willson, TV presenter and founder of FairCharge, said: “Anybody who has owned an electric car for any length of time knows how cheap they are to run. Low home night-time tariff charging and the vastly reduced need for regular garage maintenance are just two of the most significant benefits. Over four years – and 45,000 miles – all my EV has needed is one set of tyres.
“Compare that to at least three services, a cam belt change and probably a set of brake pads on the equivalent ICE car, and I’m a couple of thousand quid ahead.” James Court, Public Policy Director for Octopus EV, added: “The EVUK Cost of Driving Electric research is comprehensive and underscores the true picture of owning an EV, they save the consumer money.
“EVs also drive better, offering levels of tech and comfort superior to an ICE. Why would anyone really want to go backwards? The UK public needs this level of comfort, from trusted voices, to help them make the switch.
“Our own commissioned research found that 90 per cent of drivers won’t go back once electric. Save money, save the planet, drive electric.”
