Electric vehicles will be cheaper than petrol cars by 2027, claims new report, as battery costs dive and demand climbs
Study claims manufacturing costs will be lower for electric saloons and SUVs compared to petrol-powered models by 2026
All EVs, including superminis, will be less expensive to make by a year later
Report claims this is due to cheaper batteries, with costs down 58% by 2030 compared to 2020
Green campaigners say more affordable prices means bans on new petrol and diesel car sales across Europe should come from 2035
That s 5 years later than petrol and diesel car sales are being outlawed in UK
UK: Plug-In Car Sales Still At Over 13% Share In April 2021
May 06, 2021 at 8:20am ET ++ Vauxhall Corsa-e is the top small electric car in the UK.
Passenger car registrations in the UK rebound from the bottom of just 4,321 in April 2020 (due to closed retail) to a more reasonable 141,583 in April 2021.
The passenger plug-in electric car segment grows nicely, reaching
18,752 new registrations (
more than 13% of the total volume.
Plug-in hybrids were selling a little bit better than all-electric cars, but year-to-date BEVs are still more popular. Total plug-in vehicle market share broadly followed the trend seen in recent months, accounting for just over one in eight vehicles, or 13.2%. Unusually, plug-in hybrids (PHEVs), at 6.8% of the market, were more popular than battery electric vehicles (BEVs) at 6.5%, following cuts to the Plug-in Car Grant. Monthly BEV uptake was down compared with Q1 2021 overall, however, as they had bee
Click the thumbs up >The Government’s decision to cut the plug-in grant came out of the blue in March, but there are a strong set of incentives in place for electric vehicle (EV) buyers for Q2.
The plug-in car grant (PiCG) for pure EVs was reduced from £3,000 to £2,500 and the list price cap reduced from £50,000 to £35,000.
But, as AM’s data shows, there are still plenty of models that qualify (17 that AM could find on manufacturers’ representative examples online) and the average monthly payment across all of them is less than £300.
The cap of £35,000 does rule out most of the more premium models from brands like Audi, BMW, Mercedes-Benz and Tesla, but there is still a breadth of model sizes available, from city cars to crossovers to SUVs.
First drive: The updated Mini Electric is as charming as EVs get
(Mini)
(Mini)
There are some big changes currently happening in the automotive world, which mainly involves companies working out how on earth to transform from selling petrol and diesel cars to purely electric options.
For Mini, it’s planning to launch its last new petrol car in 2025 (the popular Hatch) and will go full-EV in the early 2030s. For the time being, though, there’s just the one battery-powered option – the no-nonsense-named Electric. Launched at the start of 2020 and built in Oxford, it’s done well and has actually seen growth during the coronavirus pandemic as many buyers looked for more sustainable options and suddenly were doing less miles.
A poll of 15,549 drivers found that 81% think electric vehicles are too pricey
Minister last month opted to cut a £3,000 grant for EVs to £2,500
Eligibility for the scheme was also lowered from £50k to £35k, ruling out many of the best models with the longest driving ranges
Other concerns with EVs are around extended charging times and infrastructure
We reveal the 25 electric cars that do currently qualify for the Plug-in Car Grant