Electric cars now £486 cheaper than petrol as UK | Tech News
Electric cars are nearly £500 per yr cheaper than petrol autos as operating prices for combustion fashions soar. Rising fuel costs, sparked by battle within the Middle East, have had a large impression on prices, with petrol fashions now £116 more per yr to run than in 2025.
The new knowledge, seen completely by Express.co.uk, exhibits that electric vehicle operating prices have dropped by £112 – creating a bigger hole between the 2 powertrains than in earlier years. In complete, electric cars have average operating prices of £1,320 each year, in comparison with £1,806 for petrol combustion engine fashions.
Speaking completely to Express.co.uk, Sam Wilson, skilled at Compare the Market, mentioned: “EV owners will be pleased to know that electric vehicles remain significantly cheaper to run than petrol cars on average.
“While changes to the energy price cap may increase charging costs in the coming months, the overall cost of owning and running an EV continues to compare favourably with petrol vehicles.”
The information is a win for Britain’s two million electric car homeowners, and will help drive demand additional in the direction of the take-up of battery fashions. A breakdown of the prices exhibits that electric car charging charges have dropped, with motorists spending simply £483 on topping up their autos in comparison with £522 final yr.
Compare the Market explains this was partly pushed by decrease electrical energy prices, with the power price cap falling between June 2025 and June 2026. Meanwhile, EV insurance coverage prices have additionally modified, with average premiums now at £587 each year as a substitute of £660.
Sam advised Express.co.uk: “Our research shows that motorists comparing quotes through Compare the Market are seeing lower insurance costs for both EVs and petrol vehicles than they were a year ago.
“With prices and levels of cover varying between insurers, it’s worth shopping around before renewing rather than automatically accepting your renewal quote.
“Taking a few minutes to compare policies through comparison sites could help drivers find better value cover and reduce the overall cost of motoring.”
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