article thumbnail

Petrol can be cheaper than electric – if less than £1 per litre

My Energi

• The average electric car remains cheaper to run than an equivalent petrol car • Fuel prices would need to fall below £1 per litre to make petrol cars cheaper to run • Electric car registrations exceeded expectations in 2022, beating forecasts by 7% Despite the average price of petrol falling below £1.50 With fuel at £1.50

Petrol 98
article thumbnail

Electric vehicles vs. petrol/diesel/hybrid

Drive Electric

Here we take a look at how EVs compare to petrol, diesel and hybrid cars. Cost of electric cars compared. This is because the cost of charging an EV is far lower than the price of fuel, meaning electric car cost per mile figures are significantly lower than internal combustion engine (ICE) vehicles. Litre Petrol.

Petrol 93
article thumbnail

Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

Get Electric Vehicle

  In this, we will explore whether the depreciation cost of EVs is the same as that of conventional vehicles and the basics of the factors involved in depreciation for any type of vehicle. For instance, a car with a residual value (RV) of 40% would have lost 60% of its worth in three years or 36,000 miles (Industry standard).

Cost Of 75
article thumbnail

From Hybrid to Full Electric — A Difficult Journey?

CleanTechnica EVs

When I made the transition from a petrol-powered Hyundai V6 Sonata to a Tesla Model 3 SR+, my main reason was concern for the planet. Since driving the car for over 90,000 km (56,000 miles), I have discovered that there are many other reasons to switch. These include total cost of ownership, fun, tech, and […].

Petrol 98
article thumbnail

Meet Vessev and its ultra-efficient electric hydrofoil boat designed for smooth tourist rides

Baua Electric

The VS—9 has a range of 50 nautical miles (57 miles/92.6km) and can recharge its batteries at any marina plug. nautical miles of range per minute. To put it into perspective, the VS—9 is undergoing on-water testing with a petrol-powered chase boat following, doing the same motions and distance.

Design 52
article thumbnail

UK electric vehicle charging costs increase by 42%

Setec Powerr

The cost of electricity for a vehicle is about 18 pence per mile, compared to 19 pence per mile for gasoline and 21 pence per mile for diesel. The UK wants to stop selling new diesel and petrol cars and vans by 2030. By 2035, all new cars and vans will be zero emissions.

article thumbnail

Electric cars buyers guide

Drive Electric

That’s why the government has banned the sale of petrol and diesel cars from 2030. One of the big concerns we encounter when people are considering switching to an electric vehicle (EV) , is that they think it’s going to be much more expensive than a petrol or diesel car. How much does it cost to run an electric car?