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flag Electric vehicles cost £1,351 yearly to run, £369 less than petrol cars, despite higher electricity prices and new road tax.

flag Electric vehicles cost £1,351 annually to run, $369 less than petrol cars, despite rising electricity prices and new road tax for EVs, according to Compare the Market. flag Lower insurance premiums—down to £660 yearly—and government grants up to £3,750 for select models boost savings. flag EVs now make up 26.5% of new car registrations in the UK, up from 22.6% in 2024, showing growing adoption. flag Experts recommend comparing insurance quotes to avoid overpaying.

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