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Electric vehicles score big with enhanced savings over petrol

My Energi

In yet another step forward for green mobility, EV owners charging at home are set to enjoy further savings thanks to the UK’s falling energy price cap. And it’s not just a minor saving we’re talking about – it’s a significant margin that puts traditional petrol vehicles in the rearview mirror once and for all!

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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

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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. The Government on 12th May 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of batteries in the country. Drop-in battery price will result in cost reduction of electric vehicles.

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Hyundai hopes sales of its diesel cars to slump to 30-35% in 2024

Baua Electric

Read more Hyundai aims at a flexible powertrain strategy for its product portfolio and hopes the diesel share in its passenger vehicle sales will drop to 30-35 per cent in 2024. (HT The fast surging price of diesel vehicles compared to their petrol counterparts is another reason behind the sales drop of diesel cars.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

While demand growth for EVs outstrips traditional petrol and diesel vehicles, buyers still have the upper hand in an Australian used electric vehicle market dominated by Tesla. EV sales grew more than 13 per cent in March, which was substantially faster than petrol, diesel and hybrid vehicles.

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Over 200,000 Pure Electric Vehicles to hit UK roads in 2021

Drive Electric

We use our own model built from intelligence of the UK market to forecast registrations of battery electric cars and vans. We’re predicting at least 200,000 new electric vehicles (EVs) will be registered in the UK in 2021.

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UK electric vehicle charging costs increase by 42%

Setec Powerr

As a result of the energy crisis, the price of charging at public fast charging stations for electric vehicles in the UK has increased by 42% in the past four months. UK car service company RAC said the price of charging at charging posts has increased by an average of 18.75p/kWh since May this year and now stands at 63.29p/kWh.