Skip advert
Advertisement

Electric vehicles cheaper to own than petrol or diesel cars

Study finds electric cars are cheaper to run than petrol or diesel models, even once higher purchase prices are taken into account

Electric vehicles (EVs) are already cheaper to own and run than petrol and diesel models, even once purchase prices are taken into account, according to a new study.

The International Council for Clean Transportation (ICCT) analysed the cost of owning petrol, diesel, hybrid and electric variants of the Volkswagen Golf in the UK, France, Germany, the Netherlands and Norway, over four years.

Advertisement - Article continues below

• EVs could be the same price as petrol and diesel cars in two years’ time

The study found the pure electric version was the cheapest in all areas, thanks to a combination of lower taxes, lesser fuel costs, reduced maintenance expenditure, and buying subsidies.

It wasn’t all good news for alternatively fuelled vehicles, though, with the plug-in hybrid Golf GTE being more expensive over the course of ownership that its petrol and diesel stablemates. The hybrid option found itself in last place due to the fact it demands a similarly high purchase price to its fully electric equivalent, but does not offer the same cost savings related to fuel, tax obligations and maintenance.

Researchers also revealed UK drivers could make an overall saving of five per cent by choosing an electric Golf over a diesel model. This was, however, the lowest proportional saving of any of the five countries analysed by the study. Drivers in Norway, by comparison, could save 27 per cent by making the same decision, in part due to the fact the country has a sizeable registration tax on diesel vehicles. Drivers in the Germany, France and the Netherlands, could respectively save 11, 12 and 15 per cent by switching from a diesel to an electric Golf.

The ICCT’s researchers said an effective method for driving the rollout of EVs would be to increase the tax burden for more polluting vehicles while providing tax breaks for EVs and cars with low emissions.

Do you believe that electric cars are cheaper to own than ICE cars? Let us know in the comments below...

Skip advert
Advertisement

Find a car with the experts

Skip advert
Advertisement

Recommended

Volkswagen leasing deals 2025
Volkswagen Golf facelift 2024 UK - front tracking

Volkswagen leasing deals 2025

The best Volkswagen leasing deals available right now
Best cars & vans
27 Jun 2025
Ford Focus alternatives: ten cars to consider instead of the family hatch icon
Ford Focus alternatives - header image

Ford Focus alternatives: ten cars to consider instead of the family hatch icon

As the Ford Focus prepares to bow out, we suggest some other great cars worthy of your attention
Best cars & vans
6 Jun 2025
Best-selling cars 2025: the year's 10 most popular models
Best selling cars - June2025

Best-selling cars 2025: the year's 10 most popular models

These are officially Britain’s biggest-selling new cars so far this year
Best cars & vans
5 Jun 2025
Best small hybrids on sale 2025
Best small hybrids - header

Best small hybrids on sale 2025

Do you need good fuel economy, but don’t want a large PHEV? Here’s our list of the best small hybrids on sale in the UK
Best cars & vans
29 Apr 2025

Most Popular

Range Rover Sport SV gets massive £35k price drop as it enters series-production
Range Rover Sport SV Black - front

Range Rover Sport SV gets massive £35k price drop as it enters series-production

There’s also a new SV Black trim, and a Range Rover Sport Stealth Package for non SVs
News
1 Jul 2025
Arrivederci Roma: new Ferrari Amalfi slots in as brand’s latest entry-level model
Ferrari Amalfi - front static

Arrivederci Roma: new Ferrari Amalfi slots in as brand’s latest entry-level model

A slick new look and more power are the headlines for Ferrari’s new baby, but it’s probably some simple new buttons that will get customers’ attention
News
1 Jul 2025
Geely is coming to the UK, and its assault will start with EX5 SUV
Geely EX5 - front

Geely is coming to the UK, and its assault will start with EX5 SUV

Geely has looked to Lotus to ensure it's new electric SUV lives up to our driving expectations
News
2 Jul 2025