London Daily

Focus on the big picture.
Monday, Oct 05, 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
BT Accused of Pressuring Vulnerable Customers During Digital Landline Shift
British Carmakers Warn of Growing Pressure From EU-China Tariff Dispute
Green Party of England and Wales Adopts Motion Defining Zionism as Racism
Medical Charity Threatens NHS Legal Action Over Two-Year Autism and ADHD Assessment Waits
British Transport Police Report Record Rise in Violence on Railways
Glasgow Council Workers Face Pay Cuts Under Fire-and-Rehire Plan
British Medical Groups Press Prime Minister Andy Burnham to Cancel £330 Million Palantir NHS Contract
UK Faces Record Bluetongue Outbreak Across Livestock Farms
UK Schools Report Thousands of Child-on-Child Sexual Offences
High Court Overturns Ban Blocking Gaza Families From Reuniting With Relatives in UK
G7 Authorizes Emergency Fuel Release as UK Diesel Prices Hit £2 a Litre
France and Italy Draw 1-1 in Nations League Match
Pope Leo XIV and Prince Albert II of Monaco Meet in Metz
SNCF Expands Low-Cost Ouigo High-Speed Service Between Lyon and Bordeaux
Paris Expands Dedicated Cargo Bike Routes for Urban Deliveries
French Film Industry Pushes for Tighter Streaming Investment Rules
Marseille Court Hands Down Prison Terms in Public Procurement Corruption Case
LVMH and Kering Rely on US Demand as Chinese Luxury Spending Slows
Toulouse Aerospace Sector Launches €80 Million Modernization Fund
Javier Milei Courts French Investment in LNG and Lithium
Mistral AI Launches Sovereign Model for European Public Services
French Competition Authority Fines Retailers €40 Million Over Misleading Promotions
France Records Exceptional Electricity Exports as Nuclear Output Recovers
Dassault Aviation Expands Rafale Assembly Capacity at Mérignac
Sanofi Invests €1 Billion in New Biologics Production Hub Near Lyon
France Protests Germany’s Extension of Border Controls Into 2027
French Public-Sector and Transport Unions Threaten National Strike
France Deploys Riot Police After Violence in Lyon Suburbs
French Anti-Terrorism Prosecutors Investigate Radicalized Flydubai Co-Pilot
France’s Defense Budget Surpasses NATO’s 2% of GDP Target
French Government Faces No-Confidence Threat Over Budget
France and G7 Release 100 Million Barrels From Strategic Oil Reserves
France Convenes Emergency Defense Council Over Threats to Commercial Shipping
France and Germany Coordinate Military Response After Russian Strikes on Kyiv Infrastructure
UK Police Release Six Iranian Nationals on Bail After RAF Fairford Security Alert
UK Business Confidence Falls as Energy Costs and Tax Uncertainty Rise
Cornwall Insight Warns UK Energy Bills Could Rise 16% in January
UK Introduces Zero VAT on Household Electricity Bills
UK 30-Year Gilt Yield Hits 6% as Bond Market Pressures Intensify
UK Introduces Stricter Subcontractor Checks and Expanded Trade Union Access
Green Party Proposes Three-Year Emergency Freeze on Private Rent Increases
UK Treasury Committee Seeks Tax Clarification Over Manchester City Investigation
Royal Marines Deploy to Faroe Islands for Northern European Security Exercise
UK Business Confidence Weakens as High Costs Delay Investment
UK GDP Growth Revised Up to 0.5% in Second Quarter
Bank of England Warns of Financial Stability Risks From Autonomous AI
UK Expands Early Prisoner Release Scheme to Ease Overcrowding
UK Records Worst Bluetongue Outbreak on Record Across Livestock Farms
UK Government Faces Shrinking Fiscal Headroom Ahead of October 28 Budget
UK 30-Year Gilt Yield Reaches 6% as Energy Shock Drives Borrowing Costs Higher
×