Do You Actually Save Money on Fuel with an EV?

 

We will all have to move from traditional internal combustion engine vehicles to either hybrid or electric options if we want something new by 2030. A question a lot of us will be asking is: How much do you save in fuel with an EV?

This will be kinder to the environment as there are no on-the-road emissions from these vehicles, which can only be a good thing. However, what most of us will be worrying about is the cost. Do we save any money at all using an electric vehicle day-to-day? If so, how much?

The Comparison

The Verdict

The electric version of the e-208 as the example car costs £546.52 per year less on average in fuel and road tax than the diesel option and £823.78 less than the petrol.

With the price difference of the electric and the diesel factored in, it would take just over 11 and a half years to pay back the difference and just over 11 years to pay back the difference between the electric and the petrol car.

This may seem like a long time, but as we will all be forced to buy alternative options to the ICE vehicles by 2030 anyway- the savings year-on-year are not to be dismissed!

There are other things to consider of course. Charging time takes longer than filling up a traditional ICE car but if charged overnight, this could cover the average 20-30 miles a day covered by the UK motorist.

There is more too, because the electric option also offers the most competitive 0-60mph time of 7.8 seconds!

You can check out the range of EV’s we have on offer at Van MonkEV!

As always, thanks for reading and we hope to see you again soon!

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