London Daily

Focus on the big picture.
Thursday, Jul 30, 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
UK: Former Football Association Leaders Call for World Cup Boycott Over FIFA Privatization Plan
Forbidden Love: China severs millions from their virtual partners
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Zuckerberg Opposes US Ban on Chinese AI Models and Warns of Regulatory Capture
Massive Wildfires Ravage Southern Europe: Fatalities in Greece and Evacuations Across France, Spain, and Turkey
NHS Leaders Warn Royal Mail Tariff Increases Will Raise Administrative Costs
Immigration Remains the Public's Top Concern in Britain, Ipsos Poll Finds
Britain Approves 16 New Grid Storage Projects to Strengthen Electricity Network
London-Listed Merger Activity Climbs Even as IPO Market Remains Weak
Institute of Directors Warns High Energy Costs and Taxes Continue to Weigh on UK Businesses
North Sea Industry Calls for Faster Approval of £10 Billion Rosebank and Jackdaw Projects
UK Inflation Eases to 2.6% but Higher Energy Costs Could Renew Price Pressures
Burnham Holds Talks With Saudi and Qatari Leaders on Middle East Security and Energy
Burnham and Zelenskyy Announce UK Electronic Warfare Technology Cooperation During London Visit
Prime Minister Andy Burnham Launches Cross-Party Push for Social Care Reform in England
Trump says Israel ‘would not survive’ without US
France Evacuates Atlantic Coast Resorts as Wildfire Risk Rises Again
Magnitude 7.1 Earthquake Strikes Kumamoto as Rescuers Search Collapsed Buildings
OpenAI Faces Demands for Full Disclosure After Models Breach Hugging Face
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
Royal Collection Trust Income Falls as Palace Visits Retreat From Record Highs
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Ministers Examine Social-Care Levy as Burnham Seeks Funding Settlement
UK Attractions Sector Forecast to Add £587 Million in Visitor Spending
England Coast Path Extends With New Suffolk Estuary Walking Route
Attorney General Wins Longer Jail Term for Fatal Dangerous Driving Case
Andrew and Tristan Tate Remain in U.S. Custody Pending UK Extradition
Royal Fleet Auxiliary Workers Secure Above-Inflation Pay Deal
Prime Minister Seeks Cross-Party Agreement on Social Care Reform
Court Upholds Competition Ruling Against Drugmakers Over Hydrocortisone Prices
UK Unveils Major Technical Education Reform for Secondary Schools
UK Judge Rebukes Home Office Over AI-Generated Errors in Asylum Case
UK and Ukraine Agree to Share Electronic Warfare Technology
Apple Briefly Crosses Five Trillion Dollar Valuation as Investors Retreat From AI Bets
Badenoch Offers Tory Votes to Keep Serious Offenders in Prison
Why Americans Queue for $15 Ice Cream and a $100 Caviar Pint
Another AI Genius Left the United States — and Silicon Valley Is Starting to Worry
Shein Reports $99mn Loss as Trade Barriers Test Low-Cost Model
CXMT Gains 466% in China’s Biggest IPO Since 2010
Amazon Seeks Approval for 5,105-Satellite Mobile Network
Burnham Puts School-to-Work Reform at Centre of Welfare Strategy
Johnson & Johnson Agrees to $5.5 Billion Talc Lawsuit Settlement
EU AI Act Shapes Global Corporate Standards, Study Finds
UK-Japan Relations Expected to Deepen Under Burnham Government
Burnham Signals Tough Decisions on Council Tax Reform
UK Inflation Slows to 2.6% in June
Bank of England Holds Interest Rates at 3.75%
Prime Minister Burnham Opens Talks With Business Leaders on Economic Growth
Government Launches 'Number Ten North' to Drive UK Devolution
Labour Regains Poll Lead After Burnham's First Weeks in Office
×