Study: electric cars could save UK $13bn in fuel costs by 2030

Will Nichols
clock

Cambridge Econometrics report outlines financial and environmental benefits of switching to low carbon cars

Electric cars could put the brake on UK petrol and diesel spending by up to 40 per cent, according to researchers. By 2030 the cost of fuelling the average new low carbon car could be £600 cheaper than...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Automotive

Credit: Gravitricity

'Superfuel of the future': Government hands out £60m to cutting-edge hydrogen projects

Hydrogen produced from offshore wind, nuclear, and ammonia among initiatives to be explored across 28 projects that have today secured fresh funding

Michael Holder
clock 19 May 2022 • 3 min read
Credit: iStock

'ESG is a scam': S&P draws ire from Elon Musk after booting Tesla from ESG index

Electric vehicle giant's CEO Elon Musk claims ESG has been 'weaponised by phony social justice warriors'

clock 19 May 2022 • 2 min read
Electric vehicles represent a $7tr market opportunity by 2030 alone, according to BNEF | Credit: iStock

EVs sales may be soaring, but are carmakers really on the road to net zero?

EVs are moving towards mass market adoption in key markets, but new research suggests many major carmakers have still not fully embraced the battery car revolution

Michael Holder
clock 19 May 2022 • 8 min read