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The Independent UK
The Independent UK
Steve Fowler

List price confusion hides the truth about electric car costs, say experts

The Volkswagen ID.3 in dark olivine green - (Volkswagen)

A growing body of evidence suggests that electric vehicles (EVs) are already far closer to cost parity with petrol and diesel models than many reports would have you believe – but confusion around list prices risks holding back the shift to cleaner, more affordable transport according to car industry experts.

The problem is the use of headline recommended retail price (RRP) figures to compare petrol and electric cars. RRP ignores discounting – something that has long been part of the petrol and diesel market – and overlooks the fact that EVs tend to come far better equipped than their combustion-engine counterparts.

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