Electric car drivers are the winners; diesel drivers the big losers in the Autumn Budget 2017. However, things aren’t as bad as expected for diesel car owners with Chancellor of the Exchequer Philip Hammond rowing back from an anticipated increase in fuel duty. Here’s how drivers will be hit by the announcements made in the Autumn Budget 2017.
By 2040 the government expects all new cars on sale in Britain to be either electric or hybrid. But drivers who want to embrace these cars for their low emissions had better prepare themselves for an electric shock with a difference: high insurance bills.
A study of electric cars currently on sale has shown that drivers who want to ‘go green’ will have to pay 45 per cent more for insurance than the average motorist.
It means the rising number of drivers buying electric cars could see any potential savings, such as lower ‘fuel’ bills, wiped out by costly cover. So far this year, sales of electric vehicles (EVs) have risen by 37 per cent over 2016. Here’s what drivers need to know before switching to an electric car.
Electric cars: are they more expensive to insure? Continue reading
The government’s announcement that diesel and petrol cars will be banned in Britain from 2040, as a way of tackling air pollution, has led to widespread confusion amongst drivers.
Common concerns include the impact on residual values of used diesel and petrol cars; the relatively high cost of new electric cars; whether hybrid cars will still be available; and how the industry and infrastructure will cope.
We try to tackle these concerns, and more, based on the limited information currently available.
Why ban petrol and diesel cars?
British drivers who choose electric cars or plug-in hybrid models to save money while doing their bit to help the UK combat climate change have been hit with shocking news, after the main provider of motorway charging points for electric cars announced it will introduce a £5 fee for a 20-minute rapid charge.
The decision was taken by Ecotricity, a Gloucestershire-based company that until recently was the sole provider of charging points for electric cars at Britain’s motorway service stations.
Plug-in electric cars do what they say on the tin: they feature an electric motor powered by a battery that can be charged by plugging into a mains electricity socket. Some plug-ins are purely electric, others come with a hybrid type of car that combines an electric motor with a petrol or diesel engine. Their attractions are obvious: low emissions and low running costs. But all require a leap of faith for first-time buyers, especially as when new they’re expensive. As used cars, however, they’re cheap. Here are three that are worth taking the plunge for… Continue reading
Electric car questions persist despite increasing sales every month due to drivers attracted by promises of big fuel savings. The Government and car industry’s Go Ultra Low, a body formed to push the benefits of electric cars, said in September 2015: “There are a whole host of benefits that come with an electric car…You can travel much further using less energy…This means financial benefits for electric car owners, plus our latest figures show that drivers can save around £750 a year in fuel by switching to electric.” But is that really true? We look at whether the costs of buying and running an electric car stack up.
Electric car questions: Does the government grant help?
The government has just confirmed that until February 2016, a £5000 grant is available towards the purchase of any new electric vehicle (EV). However EVs tend to have a more expensive sticker price than equivalent cars with petrol or diesel engines.
New research from the Government and Britain’s car industry claims 62 per cent of potential car buyers believe the electric car myths that surround battery powered and plug-in hybrid vehicles.
The survey by Go Ultra Low reviews drivers’ attitudes to electric or Ultra Low Emission Vehicles (ULEVs). It claims a third have considered purchasing a ULEV, while nearly a third believe it’s more expensive to buy, own and run a ULEV over five years compared to a conventional car. Here we bust some of the more popular electric car myths. Continue reading