Study: Electric vehicles 33 per cent cheaper to run than petrol and diesel cars

clock • 4 min read
Credit: iStock
Image:

Credit: iStock

New report shows falling battery costs and high fuel prices are widening the economic advantage of EVs for drivers in Europe

Running an electric vehicle (EV) was 33 per cent cheaper than operating a petrol or diesel car in Europe last year, according to new analysis published this week by think tank the International Council...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Amber Rolt

Award-winning business journalist

View profile
More from Amber Rolt

North East Mayor launches £250m plan to boost green, tech, and construction skills base

Welsh Government unveils plan for new publicly-owned clean energy company

More on Automotive

Study: Electric vehicles 33 per cent cheaper to run than petrol and diesel cars
Automotive

Study: Electric vehicles 33 per cent cheaper to run than petrol and diesel cars

New report shows falling battery costs and high fuel prices are widening the economic advantage of EVs for drivers in Europe

Amber Rolt
clock 08 September 2026 • 4 min read
Uber and Wayve launch UK's 'first-ever' all-electric self-driving taxis in London
Automotive

Uber and Wayve launch UK's 'first-ever' all-electric self-driving taxis in London

Ride hailing giant and London-based tech firm roll out all-electric taxi service equipped with AI drivers and surround sensors, which will be initially supported by TfL-licenced human drivers

Stuart Stone
Stuart Stone
clock 04 September 2026 • 5 min read
'Economic and environmental success story': EV sales surge to new high in August
Automotive

'Economic and environmental success story': EV sales surge to new high in August

Fully electric cars secured a 30 per cent market share in August, making them the biggest selling fuel type for the first time

Michael Holder
Michael Holder
clock 03 September 2026 • 5 min read