The Electric Car Scheme has identified July 15 as the crossover day when a petrol driver spends more on fuel than an electric driver does for an entire year.

This milestone was discovered by analysing the annual fuel costs for the average UK driver travelling 7,400 miles annually. For petrol drivers, this cost is estimated at £1,268, while for electric car drivers, it is approximately £680.

According to the salary sacrifice leasing broker, a petrol driver will have spent more on fuel by mid-July than an electric vehicle (EV) driver will all year.

Login to continue reading

Or register with AM-online to keep up to date with the latest UK automotive retail industry news and insight.

Please enter your email
Looks good!
Please enter your Password
Looks good!