There’s a lot of talk at the moment about how the energy crisis is actually making electric cars uneconomic to run. Well, there’s obviously some truth in that because if petrol and diesel prices continue to subside, and electricity costs remain at their current elevated level, the savings you make on fuel for your car are obviously going to be lower than they might otherwise be, or even wiped away. And of course that’s just looking at the day-to-day running costs – quite apart from the “premium” you still pay for going electric over a diesel or petrol when you purchase or lease the vehicle.
On the other hand, you might find that the resale, residual, value of your electric vehicle is higher in a few years as the mandatory transition to electric power gathers pace from 2030 (after the ban on new solely internal combustion engine cars) and 2035 (from when new hybrids are also banned).
