Nine in 10 drivers who switched from petrol or diesel cars to electric models reported saving money on their annual driving costs, with some cutting their bills by a third.
The results of a survey of more than 800 drivers are positive news for dealerships' sales teams, who are under pressure to help OEMs hit their ZEV mandate goals, as they can emphasise that the typically higher sticker price of an EV will be offset by savings elsewhere.
Some 87% of the drivers said their routine motoring expenses after switching to an EV.
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An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
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