The typical annual running cost for an electric vehicle is £369 less than a petrol car excluding initial price and public charging, according to new research from Compare the Market. The research, which analyses the price of insurance, fuel, road taxes and MOT costs, shows that the average annual cost of running an EV in June 2025 was £1,351 compared with … [Read more...]
It’s getting cheaper to run an ev
The typical annual running cost for an electric vehicle is now £525 cheaper than a petrol car on average, according to new research from Compare the Market. The research looks at middle-aged drivers aged between 45 and 54 years old as an example to showcase the difference in Electric Vehicle premiums compared to petrol fuelled cars. The research, which … [Read more...]
Halve your new company car costs
With the cost-of-living crisis heading the domestic political agenda, an EV salary sacrifice car scheme costs nothing to introduce, works for all employees, and can save workers hundreds of pounds per month. An innovative electric car scheme holds the key to solving the two crises facing the world today – the climate emergency and the cost-of-living … [Read more...]
Breaking the EV myth of franchise dealers
The idea that franchise dealers are required more for electric vehicle service, maintenance and repair than their internal combustion engine counterparts is a “myth”, shows new research from epyx. Statistics taken from its 1link Service Network platform, used to manage SMR for more than four million company vehicles largely operated by leasing … [Read more...]
EV ownership costs undercutting petrol models
The cost of running an electric car for a year is 47% cheaper than the cost of running a petrol car, according to comparethemarket.com. The figures show the average cost to run an electric vehicle for 12 months is £1,091 compared with £2,062 for a petrol vehicle – a difference of £971. The research analyses the cost of insurance, fuel, and road taxes. For … [Read more...]
