Electric vehicles are £525 cheaper to run than petrol despite 'significant cost' and 2025 car tax changes

Electric vehicles are £525 cheaper to run than petrol despite 'significant cost' and 2025 car tax changes

New research has found that electric vehicles are on average £525 cheaper to run over the course of a year than petrol cars.The falling cost of energy means electric cars are cheaper for drivers aged between 45 and 54 years old, new data has revealed.Based on average prices of insurance, fuel and road taxes, electric vehicles cost an average of £1,195 to run, compared to £1,720 for a petrol car.Electric car owners have seen a huge difference in …