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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 ....
1 person found this useful Carmakers have been rushing to cut electric vehicle (EV) prices, so they remain eligible for the plug-in car grant (PiCG). It means, for example, the Tesla Model 3, with prices starting from £42,500, and the new Ford Mustang Mach-E, which is priced from £40,295, will now not qualify for the incentive. However, Nissan, Vauxhall, Peugeot, BMW and Hyundai, which had electric cars priced just above the new £35,000 threshold, have reduced vehicle costs to remain eligible for the grant. Ford said the Government decision to cut the grant, meaning that the Mustang Mach-E now misses out, was disappointing. “Robust incentives - for both purchase and usage - that are consistent over time are essential if we are to encourage consumers to adopt new technologies, not just for all-electrics but other technologies too like PHEVs (plug-in hybrid electric vehicles) that pave the way to a zero-emissions future,” a Ford spokesman expla ....
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 ....
Vauxhall and Citroen cut EV prices in wake of changes to plug-in car grant inverurieherald.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inverurieherald.co.uk Daily Mail and Mail on Sunday newspapers.
Vauxhall and Citroen cut EV prices in wake of changes to plug-in car grant littlehamptongazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from littlehamptongazette.co.uk Daily Mail and Mail on Sunday newspapers.