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Evening Standard
Evening Standard
Technology
Neil Lancefield

Used EVs save owners average of £1,600/year compared with petrol models – study

The UK’s best-selling used electric cars could save their owners an average of £1,600 per year compared with their petrol equivalents, according to new research (Danny Lawson/PA) - (PA Wire)

The UK’s best-selling used electric cars could save their owners an average of £1,600 per year compared with their petrol equivalents, according to new research.

The Energy and Climate Intelligence Unit (ECIU) think tank, which conducted the analysis, said savings have risen since early 2023 as second-hand electric vehicles (EVs) are “no longer more expensive to buy”.

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