London Daily

Focus on the big picture.
Saturday, Jun 13, 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
Barclays Moves to Acquire GoHenry in Bid to Expand Youth-Focused Fintech Services
UK Lupus Patients Show Remission in NHS Genetic Therapy Trial
London Clean Air Zones Linked to Fewer Emergency Hospital Admissions for Respiratory Illness
UK World Cup Scheduling Research Suggests Energy Bill Savings From Off-Peak Usage
UK Economic Anxiety Rises Among Young People Over Long-Term Job Prospects
NHS Expands Meningitis B Vaccination Programme for School Leavers and New Students
London Ultra-Low Emission Zone Linked to Drop in Emergency Respiratory Hospital Admissions
Derbyshire Police Officer Investigated Over Alleged Use of AI-Generated Evidence in Case Files
UK Parents Back Proposed Under-16 Social Media Ban as Online Safety Concerns Grow
Four Palestine Action Activists Jailed Over Sabotage Attack on Israeli-Linked Arms Facility
Barclays to Acquire GoHenry in Push to Expand Digital Banking for Children and Teenagers
UK Government Reaffirms Defence Spending Commitment Amid Cabinet Pressure and Political Disputes
Belfast Unrest Prompts Security Review as Paramilitary Activity Comes Under Renewed Scrutiny
SpaceX IPO Pushes Elon Musk to Become World’s First Trillionaire After Record Valuation Surge
United States and Iran Near Landmark Peace Framework as Negotiations Reach Final Stages
UK Competition Watchdog Investigates Ryanair Family Seating Charges
Imperial College Study Links London Emissions Charges to Lower Hospital Admissions
Scottish First Minister Launches US Trade Initiative Ahead of World Cup Match in Boston
Fifteen Million Workers Gain Expanded Sick Pay Rights Under UK Reforms
British Retail Investors Secure Record Participation in SpaceX Share Offering
Keir Starmer and Micheál Martin Coordinate Response to Northern Ireland Violence
NHS Prepares for Major Disruption as Resident Doctors Announce Four-Day Strike
Bank of England Expected to Hold Rates as Energy Costs Complicate Inflation Outlook
Britain Moves to Ban Under-16s From High-Risk Social Media Platforms and AI Chatbots
UK Economy Contracts as Middle East Conflict Weighs on Growth
Defence Secretary John Healey Resigns Over Military Spending Dispute With Treasury
Prime Minister Keir Starmer Faces Leadership Crisis After Senior Cabinet Resignations
NHS Trust Secures Funding for AI Tool to Detect Heart Failure Earlier
Government Unveils £4.5 Billion Investment Plan for Walking and Cycling Infrastructure
Nationwide Reports UK House Prices Falling as Borrowing Costs Remain Elevated
Centre for Social Justice Says Two Million Britons Are Using Illegal Loan Sharks
UK Carmakers Warn EU Local Content Rules Could Damage British Manufacturing
UK Government Imposes Emergency Ban on Seven Potent Synthetic Opioids
Royal Navy Completes Major North Atlantic Anti-Submarine Exercise Off Norway
NHS Figures Show Nearly 3,000 Patients a Day Receiving Care in Hospital Corridors
CBI Cuts UK Growth Forecast as Middle East Tensions Drive Inflation Risks Higher
Dan Jarvis Appointed UK Defence Secretary Following Major Government Reshuffle
University College London Study Links Physical Punishment to Higher Risk of Bullying
East Midlands Railway Unveils First Refurbished Train in £60 Million Modernization Programme
RNLI Issues National Water Safety Appeal Ahead of Expected Heatwave
Climate Change Raises Subsidence Risks for Millions of Homes Across Southeast England
Manchester Advances Plans for Underground Piccadilly Station With £1 Million Funding Commitment
Anti-Immigration Violence Continues in Belfast Amid Heightened Security Concerns
UK Law Locks Great British Railways Into Public Ownership
Office for National Statistics Adopts Supermarket Checkout Data for Inflation Measurement
Applied Atomics Launches With $500 Million Space Infrastructure Order Book
BYD Plans Nationwide Rollout of Ultra-Fast EV Charging Network
UK House Prices Unexpectedly Fall in May
CBI Warns UK Growth Is Becoming Increasingly Dependent on Public Spending
Makerfield By-Election Fuels Speculation Over Labour’s Future Leadership
×