How much does an electric car cost? Why switching to an EV can save you money, from cheap charging to road tax

With fossil fuel cars on the way out, battery-powered alternatives are not only cleaner but can also be cheaper to run

With the cost of petrol soaring and the potential benefit to the environment becoming ever more apparent, electric vehicles (EVs) are becoming an increasingly attractive option for many drivers.

Registrations of new battery EVs grew at a record rate of 49.9 per cent in the past year, according to the Society of Motor Manufacturers and Traders (SMMT), even as the car market lagged due to supply issues. One in 10 new cars sold is now powered by electricity rather than fossil fuel, up from just one in 100 in 2015.


Nissan Leaf (Image: Qurren/Wikipedia)

Nissan Leaf (Image: Qurren/Wikipedia)

That uptake is only likely to increase as the Government’s 2030 ban on sales of new petrol and diesel vehicles looms. A poll of drivers by Moneysupermarket found that of those considering a new vehicle this year, 28 per cent were thinking of buying an electric car and 27 per cent were considering a hybrid.

But EVs are generally more expensive than their equivalents: as of August 2022, the UK’s most popular car model (according to SMMT data), the Vauxhall Corsa, would set you back £17,330 for a petrol model, against £27,055 for the Corsa-e.

Read more: inews

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:

Leave a Reply

%d bloggers like this: