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EU Study Finds EVs Cheaper To Own Now

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mspohr

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Jul 27, 2014
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Electric cars are already cheaper to own and run, says study
Electric cars are already cheaper to own and run, says study

The study examined the purchase, fuel and tax costs of Europe’s bestselling car, the VW golf, in its battery electric, hybrid, petrol and diesel versions. Over four years, the pure electric version was the cheapest in all places – UK, Germany, France, Netherlands and Norway – owing to a combination of lower taxes, fuel costs and subsidies on the purchase price.

Tate said carmakers, still reeling from the diesel emissions scandal, were struggling to keep up. “Demand for electric vehicles is out-stripping supply. Manufacturers are scaling up production and developing new models, but have been caught out by the rapid change in the market.”
 
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