London Daily

Focus on the big picture.
Wednesday, Sep 23, 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
Piddington Residents Back Symbolic Independence Vote Over Asylum Accommodation Plan
Reform UK Names Helen Jenner as New Leader in Wales
England Expands Devolution of Transport, Skills and Economic Development Powers
Liberal Democrats Call for Temporary Fuel Duty Cut to Ease Cost-of-Living Pressure
UK Farmers Warn Drought Has Caused Crop Failures and Reduced Harvests
UK Fixed Mortgage Rates Approach 6% as Lenders Raise Borrowing Costs
YouGov Poll Puts Labour at 23% With Conservatives and Reform UK on 21%
Badenoch Presses Burnham to Increase Defence Spending and Cut Welfare Costs
UK Military Figures Warn of Growing Threats to Undersea Infrastructure and National Readiness
BP Moves Ahead With Sale of UK North Sea Oil and Gas Business
UK and ASEAN Endorse New Framework for Trade and Economic Cooperation
UK Consumer Confidence Falls to Three-Year Low as Borrowing Costs and Job Concerns Rise
UK Inflation Rises to 3.1% as Motor Fuel Costs Push Prices Higher
Bank of England Sets Multi-Year Plan to Wind Down Quantitative Easing Holdings
UK Borrowing Rises to £18.3 Billion in August Ahead of October Budget
Michelin Guide Faces Industry Questions Over Restaurant Inspection Coverage
English Woodlands Face Renewed Weather Stress From Dry Conditions and Strong Winds
Research Finds Extensive Alcohol, Gambling and Unhealthy Food Branding During 2026 World Cup
Five Charged After Newborn Baby Dies From Stab Wounds in Sheffield
BT Could Reap £2 Billion From Recycling Copper as Full-Fibre Network Expands
FCA Urges Young Adults to Trace £1.5 Billion in Unclaimed Child Trust Funds
Reform UK Names Helen Jenner as New Leader in Wales After Dan Thomas Steps Down
Resolution Foundation Calls for Broad-Based Tax Rises to Fund Higher UK Defence Spending
Ed Davey Calls for Global Treaty to Halt Development of Super-Intelligent AI
Scotland Consults on Legal Price Caps for Essential Foods
NHS Productivity Reforms Could Prevent More Than 20,000 Early Deaths a Year, Report Says
United Kingdom and ASEAN Deepen Trade and Investment Cooperation
United Kingdom Deploys RAF Refuelling Support to Saudi Arabia After Houthi Attacks
UK Fiscal Headroom Shrinks as Higher Borrowing Costs Complicate Autumn Budget
UK Public Borrowing Jumps to £18.3 Billion in August, Raising Pressure Before Budget
Andy Burnham Reaffirms UK Net-Zero Target With £30 Million Community Energy Fund
Scottish Labour Leader Backs Rosebank and Jackdaw North Sea Projects
UK Consumer Confidence Falls to Three-Year Low
UK Diesel Prices Approach £2 a Litre as Global Supply Shortages Intensify
Chiltern Railways Returns to Public Ownership as UK Rail Nationalisation Advances
British Museum Faces Questions Over Peter Thiel’s Private Bayeux Tapestry Viewing
Earl Spencer Memoir Excerpts Renew Public Debate Over Diana’s Death
Liberal Democrats Gather in Brighton for Autumn Conference
Mothercare Shares Plunge as Middle East Store Closures Threaten Long-Term Solvency
Kent Police Treat Folkestone Hotel Fire as Suspicious
Caribbean Governments Advance Reparations Campaign Seeking Engagement With Britain
Scottish Labour Leader Backs Rosebank and Jackdaw North Sea Projects
FCA Urges Young Adults to Trace £1.5 Billion in Unclaimed Child Trust Funds
UK Competition Regulator Opens Inquiry Into McCormick-Unilever Foods Deal
Public Inquiry Into Tees, Esk and Wear Valleys Mental Health Failings Set to Begin
Nigel Farage Looks to US Immigration Enforcement Model for UK Border Policy
Chiltern Railways Moves Into Public Ownership
Security Review Raises Concerns Over Sensitive UK Police Data Stored on Microsoft Cloud
Burnham Government Warns of Difficult Autumn Budget as Fiscal Headroom Narrows
Bank of England Holds Rates at 3.75% as Inflation Rises to 3.1%
×