Electric Vehicles: Costs
Commons · Question 120278 · Tabled 11 Mar 2026 · Department for Transport · Official record
Answered 19 Mar 2026
Question
Asked by James McMurdock
To ask the Secretary of State for Transport, what estimate she has made of the total cost of electric vehicle ownership, including a) purchase price, b) insurance, c) maintenance, d) charging costs and e) vehicle excise duty.
Answer
Answered by Keir Mather, 19 Mar 2026
Electric vehicles (EVs) are typically cheaper to own and run than petrol equivalents when purchased using salary sacrifice or when making use of the best available home off-peak charging tariffs. EVs continue to benefit from preferential tax breaks compar...