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EVs set to rival petrol and diesel for total cost of ownership

Electric vehicles (EVs) will have the same total cost of ownership (TCO) as an equivalent petrol model by 2024, new research claims. However, Autovista Intelligence analysis suggests that some plug-in models are already cheaper to operate than their diesel and petrol counterparts.

A new report from the European Consumer Organisation, Bureau Européen des Unions de Consommateurs (BEUC), called ‘Low carbon cars in the 2020s’, predicts that EVs will drop in price substantially over the next eight years.

Click here to view full article and summary of the report.