Some of the most popular electric cars are cheaper than their petrol equivalents after less than two years because of lower running costs, analysis has found. The higher upfront cost could be quickly recouped when savings on fuel and road tax are taken into account. The more motorists use their vehicles the more quickly they are likely to make up the initial expense of a zero-emission, electric model. The study by the consultants PWC was based on a comparison of six popular electric vehicles with their petrol equivalents. It found that they were better value for money after an average of seven years for conventional road users, and about four and a half for owners who drive more.
Times 5th Nov 2019 read more »