More than half of motorists think petrol, diesel cars are cheaper to run than EVs

A new poll by car insurer NFU Mutual found that over half of motorists think petrol and diesel cars are now cheapest to run. As the cost of electricity rises, just 18 per cent thought a fully electric vehicle would be cheaper, while 11 per cent said a plug-in hybrid would be cheapest. This is in stark contrast to last year, when a survey found 57 per cent said cheaper running costs were an incentive to switch to electric vehicles (EVs). However, motor experts at NFU Mutual show EVs are still significantly cheaper to run when charged economically and have many other cost benefits too.