ELECTRIC vehicles are now as popular as petrol and diesel cars for the first time ever as fuel prices hit a record high, according to a report.
According to the Indicata Market Watch report from May, used electric cars are now selling as fast as petrol and diesel cars. The sales of used EVs were up by 68 percent in April 2022. The news comes amid fuel prices reaching record highs.
The cost of filling up an average family car has now exceeded £100 for the first time, with research from RAC showing motorists must now shell out £100.27 to fill up a 55 litre tank with petrol and £103.43 for diesel.
Prices have been on the up for a while now but have kept rising after it was revealed petrol stations had swelled costs by the biggest daily margin for 17 years on Tuesday.
However, the data also showed that the overall prices for used cars have started to fall.
The report showed that from April to the beginning of May 2022 prices fell by 1.4 percent and are now 0.1 percentage points lower than at the start of January.
Read more: Express
It’s Time to Go Green!
If you would like to know more about Solar Panels and the PowerBanx range of home battery systems, and get a free instant quote, please complete our online form: