London Daily

Focus on the big picture.
Sunday, Jul 26, 2026

Fuel prices: Could I save money driving an electric car?

Fuel prices: Could I save money driving an electric car?

There are nearly half a million electric cars in the UK, and rising fuel prices have prompted more people to consider making the switch.

The government is banning the sale of new petrol and diesel cars from 2030, a decade earlier than originally planned.

It unexpectedly cancelled its electric vehicle (EV) grant for cars with immediate effect, arguing it was having "little effect on rapidly accelerating sales".


What does it cost to charge an EV?


Filling the tank of a 47-litre family hatchback with petrol now costs about £85, or £88 for diesel.

Despite recent energy price increases, charging at home to deliver the equivalent mileage typically costs less than half of that - about £41.

But drivers typically do a mix of 70% charging at home and 30% at public chargers, according to the Energy Saving Trust.

Public charging costs vary but this hybrid approach could cost about £48, still significantly cheaper than conventional fuel.


How much do electric cars cost to buy?


The price difference between electric cars and traditional vehicles is narrowing, and is expected to largely disappear.

But for now, a typical new electric car remains more expensive than an equivalent petrol or diesel model - ranging from £23,000 to £43,000.

However, cheaper second-hand EVs are increasingly available.

The BBC found a number of used five-seater electric hatchbacks for between £8,000 and £21,000.

Leasing offers another option. According to Leasing.com, the demand for EVs in 2021 was greater than for diesel or petrol cars.

It says the current average monthly payment for a five-seater hatchback is less than for the diesel equivalent:

*  EV £455.93

*  diesel £480.22

*  petrol £308.48

What about other costs?


Depending on the model and age of your EV, you may be entitled to a reduction in vehicle tax or be exempt. Some councils waive residents' parking fees for EVs. Electric cars also don't have to pay the London congestion charge.

Electric cars typically require less ongoing maintenance than petrol or diesel cars, but EVs do need to have annual MOTs after three years.


How long does it take to charge EVs?


This depends on the model and the speed of the charger.

Rapid chargers allow drivers to "refuel" in less than an hour


It can take between six and 12 hours using a slow home charger, or 20 to 40 minutes with a rapid public charger.

These let you charge quickly, or in the middle of a longer journey.


Where can I charge my electric vehicle?


There are currently 30,373 public chargers in the UK, but they operate at different speeds, and are distributed unevenly across the country.

London has more than twice as many as any other region - with one charger for every 824 people, whereas Wales has one charger per 2,696 people.


The UK has more rapid chargers than any European country, according to electric charging company Virta.

But according to the Society of Motor Manufacturers and Traders, public chargers aren't always sufficiently reliable or accessible.

The government's recent Electric Vehicle Infrastructure Strategy says operators will address these issues.

As part of its EV strategy, the government plans to increase the number of chargers ten-fold by 2030.

However, only 800 new chargers are currently being installed every month. This would need to increase to 2,500 to meet the target.


How many miles can you get from a full charge?


On average, the five best-selling EVs in the UK can travel more than 200 miles on a full charge.

This is the same as travelling from Bristol to Leeds, or London to Swansea.

However, batteries deteriorate with use, which reduces their performance - typically by about 9% over the battery's lifetime.

Providers such as Nissan and Tesla guarantee their batteries for up to eight years or 100,000 miles.


What are the different charging plugs?


Unlike the standard fuel nozzles used to deliver petrol and diesel, there are five different plug types for electric vehicles.

A type 2 plug


The type 2 plug is the most common in the UK, and can be connected to slow or rapid chargers.

And new EV models have an extra connector to use use a rapid charger.

Drivers also need a dedicated home charging unit, costing between £550 and £1,100. A normal three-pin plug socket will work in an emergency but will be much slower.


Are EVs better for the environment?


Because of the different minerals required, manufacturing an EV creates more greenhouse gas (GHG) emissions than a diesel or petrol vehicle.

But driving an electric vehicle in the UK produces only a quarter of the GHG emissions of a diesel car, and less than a fifth of those of a petrol model.

Given this, the BBC calculates that an EV's environmental impact will be lower than that of a petrol car within 18 months of ownership, or two years for a diesel car.

The carbon emissions generated by running the car depend on how the charging electricity is produced.

As the UK produces more of its electricity from renewable energy, EVs will produce even fewer carbon emissions per mile.

This is crucial as the UK is trying to reduce its emissions to net zero by 2050: cars and vans are currently responsible for 15%.

Another key issue is the materials required for EV batteries, and how these are disposed of when dead.

At the moment, it's estimated that only 5% of batteries are recycled, but major manufacturers have committed to improve this.

Newsletter

Related Articles

0:00
0:00
Close
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
Autopsy Finds No Violence in Death of Epstein-Linked Model Scout
Indian Education Minister Resigns After Cockroach Youth Protests
California Desert Data-Centre Plan Stalls as Water and Power Disputes Mount
Northern Ireland Border Security Tightened After Military-Grade Explosive Interception
British Hospitality Sector Targets Summer Visitors Through Regional Promotions
England River Access Debate Intensifies After New Data Shows Limited Public Access
Royal Navy Strengthens Maritime Vigilance Amid Rising Security Concerns
UK Education Department Expands Mental Health Support for Young People Entering Work
UK Tourism Industry Launches Summer Campaigns to Boost Domestic Travel
North England Transport Plans Advance to Support Industrial Growth
Financial Markets Watch New Government’s Economic Strategy as Investors Assess Fiscal Risks
Royal Navy Continues Monitoring Russian Naval Activity Near UK Waters
UK Care Workers May Receive Immigration Exemptions Under Proposed Visa Changes
Health Secretary Yvette Cooper Begins Emergency Talks to Address NHS Staffing Shortages
UK Banks Launch High-Interest Savings Offers to Attract Household Deposits
North Sea Oil Drilling Projects Face Delays After Offshore Equipment Accident
Cairngorms Wildfire Highlights Growing Pressure on UK Emergency Services
UK Government Borrowing Plans Put Pressure on Ten-Year Gilt Markets
Royal Navy Aircraft Carrier HMS Prince of Wales Returns After NATO Northern Flank Mission
Metropolitan Police Opens Criminal Investigation Into Reform UK Political Donations
Scottish Government Requests Military Support as Cairngorms Wildfire Forces Emergency Response
Andy Burnham Takes Office as UK Prime Minister and Unveils New Cabinet Team
War, Youth Revolt and the Global Struggle for Control
War, Power and the Rising Price of Political Decisions
High Street Sales Suffer Sharpest Summer Decline in Five Years
Wales Approves Higher Taxes on Second Homes and Long-Term Empty Properties
Environment Agency Imposes Record £150 Million Penalty on Water Companies
UK Competition Watchdog Blocks U.S. Takeover of Cambridge Chip Designer
Scotland Unveils Land Reform Bill to Expand Renewable Energy Projects
Northern Ireland Secures £500 Million Technology Investment for Belfast Cybersecurity Hub
NHS Rolls Out AI Triage System Across Major Hospitals in England
UK Strengthens North Sea Naval Cooperation With European Allies
UK Chancellor Commits £7 Billion to Accelerate Manchester-Leeds Rail Link
Bank of England Signals Interest Rate Cuts After Inflation Falls Below Target
Badenoch Rejects Grant Shapps' Bid to Return as Conservative Candidate
BAE Chief Warns Britain Has Underestimated the Risk of War
Burnham Rules Out New Scottish Independence Referendum in First Talks With Swinney
UK Government Strengthens Northern Economic Agenda Through Manchester Headquarters and Regional Partnerships
United Kingdom Opens New Furness Peninsula Coastal Route Under King Charles the Third England Coast Path
England Reduces Business Costs for Hospitality Sector Through New Relief Package
United Kingdom Allocates Seven Point Three Million Pounds for Zero-Emission Aviation Research
United Kingdom Begins Restoration Works on Portishead Railway Line After Six Decades Without Passenger Services
United States Tariff Measures Create New Trade Challenges for United Kingdom and European Union Businesses
Prime Minister Andy Burnham Meets Scottish and Welsh Leaders to Promote Regional Growth Cooperation
United Kingdom Government Announces Twenty Percent Business Rates Cut for Pubs, Clubs, and Music Venues
Prime Minister Andy Burnham Opens Manchester Government Headquarters to Shift Decision-Making Away From Westminster
United Kingdom Defence Ministry Says Armed Forces Ready After Iran Accuses London Over US Military Strikes
United Kingdom Inflation Falls to Two Point Six Percent as Prime Minister Andy Burnham Gains Economic Breathing Room
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
×