Drivers can now easily calculate the savings of going electric by using New AutoMotive’s new electric vehicle (EV) Dealer Comparison Tool.
New AutoMotive is an NGO that works to increase the pace of the clean energy transition, focusing on road transport and each month releases a Global Electric Vehicle Tracker, providing up-to-date EV data in the UK.
The platform also allows users to shop from hundreds of offers from specialist EV car dealers, helping them find the best deal possible on new electric vehicles.
When drivers enter their registration number, they are presented with a breakdown of their yearly fuel cost and tailpipe emissions - all calculated using data from the Driver and Vehicle Standards Agency (DVSA).
Users can then easily calculate potential monthly savings thanks to a side-by-side comparison with the running costs of an EV similar to their current vehicle model.
The comparison tool also addresses the misinformation that is regularly associated with EVs, with subjects like range anxiety, battery replacement costs, and public charging all tackled through the site's knowledge hub.
According to analysis by the Energy and Climate Intelligence Unit (ECIU), drivers of the top 10 selling EVs of 2023 – such as the Tesla Model Y – can enjoy a £1,300 a year saving in running costs compared with equivalent petrol cars.
Conversely, drivers of the top 10 selling petrol cars of 2023 could face a ‘petrol premium’ of around £700 a year more to run their vehicles than their electric equivalents.
Ben Nelmes, CEO of New AutoMotive, said: “The Cost Savings Calculator provides prospective EV drivers with the clarity and confidence they need to make an informed purchase - something that’s needed if the UK is to successfully transition to electric.”
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