Now, to get down to brass tacks. We're not going to show you an endless list of car model prices - that wouldn't be too helpful, would it? Instead, we're going to break down the average cost of running an electric vehicle. The really great news is that throughout the life of an EV, running costs will be less than that of a petrol or diesel vehicle.
Much like topping up with fuel, charging rates can vary depending on the charging provider and the charging speed. However, this won't impact the rates you'll receive on Electroverse. We simply pass through the rate the network charges us; without any additional cost and with a discount where possible!
In early 2022, the average charging cost for someone driving an MG ZS Electric (via Electric Universe and home charging) was £22.64 per month. For someone driving an MG ZS, the average fuel cost goes up to £103 per month. That could be an extra £964 a year to spend on fun things like books, games, the cinema, and even premium cat toys. The opportunities are endless.
Learn more about Electroverse charging rates and tariffs from within the app.
Learn more about home charging rates and tariffs here.
Until 2025, road tax for EVs priced under £40,000 costs a whopping £0 per year (compared to the £141 UK average), and servicing an EV is also cheaper due to fewer parts - in other words, there is less to check and less to wear out.
All in all, good news, right?
To learn more, check out our article: What are the advantages of electric cars?