UK electric vehicle drivers save £1,100 per year in fuel costs, analysis finds
By
Dr Simon Evans
Summary
Carbon Brief analysis reveals UK electric vehicle drivers save over £1,100 annually in fuel costs compared to petrol cars, totaling £3bn in collective savings. Battery EVs are roughly four times more efficient than combustion-engine cars, with savings more than three times higher than plug-in hybrids. These findings come amid reports that the UK government may weaken its EV targets, despite the clear economic and efficiency benefits demonstrated by the data.
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Key quotes
· 3 pulledBattery EVs (BEVs) are roughly four times more efficient than combustion-engine cars, making them far cheaper to run
The savings from driving BEVs are also more than three times higher than for 'plug-in' hybrids (PHEVs)
Carbon Brief analysis reveals the nation's EV drivers are saving more than £1,100 a year in fuel costs, compared with running a petrol car
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