There are many causes for you to accept an electric vehicle (EV) over a vehicle powered by petrol or diesel. An electric car is much lower to run (equivalent to paying 30 cents a liter for petrol), more effective, doesn’t pollute the air with exhaust emissions and passes an 80% decrease in CO2 radiations when in use in New Zealand.
Flick through electric cars for sale in our classifieds
Don’t forget, the UK government has been offering up to £4500 off zero-emissions cars for the past several years via its Plug-In Car Grant, making the raised purchase price and showroom costs much more bearable. Subsidies have put more than 167,000 plug-in EVs on the roads since January 2011 up to autumn 2018, but the incentives have now been curtailed – much to the industry’s chagrin. Plug-in and hybrid cars no longer qualify for grants, while the discount for pure EVs has dropped to £3500, and sometimes less. Expect the grants to dry up altogether in time, as electrification becomes the norm.
COST AND SAVINGS
The overall price of EV ownership is really lower than gasoline-powered cars. Consider fuel costs: say you drive 15,000 miles a year and average 25 miles per gallon, with gasoline at $3.50 a gallon. That comes out to $2,100 a year in fuel costs to operate your vehicle.
Those same miles in an EV that gets 3.5 miles per kWh would utilize less than 4,300 kWh, and at a price of 11 cents per kWh would cost less than $475 a year. Not to mention the savings on maintenance costs; oil changes, replacing belts, and transmission repairs quickly add up. There are also federal tax credits of up to $7,500 and additional tax credits in a number of states for most EV models. That provides significant increases in the primary purchase price of a new EV.