Cost saving of EVs

Owning an EV can save you money on fuel and maintenance. Here are some of the ways going electric can be a wallet savvy choice.

Try out The Energy Savings Trust's electric vehicle savings calculator to help estimate how much money you could save on fuel costs and tax by buying an electric or plug-in hybrid vehicle, in comparison to a petrol or diesel car or van, based on your current mileage. 

Lower fuel costs 💷

EVs run on electricity, which is less costly than petrol or diesel. Charging an EV costs less per mile compared to traditional fuel, resulting in significant savings over time.

Reduced maintenance costs 🔧

EVs have fewer moving parts than combustion vehicles, resulting in lower maintenance expenses. With simplified drivetrains and regenerative braking systems, EV owners can save on routine maintenance and brake replacements.

Lower complexity 🔨

EVs have simpler systems compared to internal combustion engine vehicles, reducing the likelihood of mechanical issues and associated costs. This simplicity enhances reliability and reduces repair expenses.

Long-term savings 😃

Although the initial cost of an EV may be higher, the long-term savings could be significant. As battery technology improves, EV costs are expected to decrease even further.

Owning an EV could save you money. With lower operating costs and simplified maintenance, going electric is a financially savvy choice.