Brits Could Save More Than £41,000 On Fuel In A Lifetime By Switching To An Electric Vehicle

  • British motorists will spend, on average, over a whopping £56,000* on petrol in their lifetime
  • More than two thirds (68 per cent) of Brits travel further than their nearest petrol station to get a better price
  • The average cost of charging an electric vehicle over a lifetime is just over £15,000** – a potential saving of over £41,000!

The average British motorist will spend over a staggering £56,000 on petrol in a lifetime, according to new figures. With the average lifetime cost of charging an electric vehicle coming in at just over £15,000, savvy Brits could save over £41,000 on fuel by going electric in the near future.

New research by EDF Energy, found that the cost to travel by car is a serious concern for the British public, with over two thirds (68 per cent) having travelled further than their nearest petrol station to find a better deal on fuel. Over a third (35 per cent) even admitted that the thought of how much they spend on fuel puts them off driving.

The study of 2,000 Brits uncovered that many felt they would be able to travel more and see more of the country if the cost of fuel wasn’t such a barrier. A quarter (24 per cent) said that fuel costs had prevented them from driving somewhere in the past and a fifth (21 per cent) have had to cut back on holiday road trips due to concerns over fuel prices.

What’s more, motorists are taking a rain check on hitting the open road because of concerns over the environmental impact of fuel-powered vehicles. A quarter (25 per cent) said that in addition to cost concerns, they had dialled back trips or visits to friends and family within the UK due to fears about global warming and air quality.

Despite a whopping eight in ten (84 per cent) people believing that fuel is too expensive and two thirds (69 per cent) concerned about vehicle emissions, only 40 per cent of Brits have considered making the switch to an electric vehicle.

However, the findings suggest that the tipping point for the electric vehicle market might not be as distant as some predict. Two thirds (68 per cent) of Brits believe that they will own an electric car at some point in the future, with a quarter (24 per cent) of those predicting they will make the switch in the next five years.

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