Got a question about buying an EV? Never fear, as Steve Cropley has the answers. So read on to find out just how eco-friendly an electric car really is, whether you need to worry about range and much more.
Is it true that the total cost of an EV is currently greater than of an equivalent petrol or diesel car?
Yes, mostly due to the high initial cost of the vehicle. The entry-level Volkswagen ID 3 costs around £30,900 (£28,490 after the government grant); an equivalent 1.0-litre turbo petrol Golf undercut that by around £3000. But it has to be remembered that the resale prices of EVs are high now and likely to remain so, while the pricing gap between the ICE and EV is narrowing all the time.
Meanwhile, the fuelling costs of an EV are substantially lower. EDF Energy says that, based on an average electricity cost of 14p per kWh, a Nissan Leaf or a Kia e-Niro costs about £4 per 100 miles, compared with more like £14 per 100 miles for a 40mpg petrol equivalent. In a 12,000-mile year, assuming no hikes in tariffs, that puts the cost of the electric ID3 at a shade under £500, whereas the petrol Volkswagen Golf will cost more like £1750.
On top of that, you save big time on company car tax, road tax and, if you’re a Londoner, the ULEZ fee and the congestion charge (just raised from £11.50 per visit to £15). Tesla says that for inner-city commuting, this amounts to £576 per month, or an enormous £27,627 over four years.
Batteries degrade, don't they? If so, how quickly?