Automotive

Rising fuel costs to influence electric switch

Europe / United Kingdom1 views1 min
Rising fuel costs to influence electric switch

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Rising fuel costs in the UK may prompt non-EV car owners to consider switching to electric vehicles, with 44% considering a switch if fuel prices hit £2.00 per litre. The research found that men, under 45s, and those from households earning over £60,000 are most likely to switch to electric vehicles due to increasing fuel prices.

A recent survey of 2,008 motorists found that rising fuel costs could lead to a switch to electric vehicles. 44% of non-EV owners would consider switching if fuel prices reach £2.00 per litre. The current average petrol price in the UK is over 157p per litre, and diesel is 190p per litre. Men, under 45s, and households earning over £60,000 are most likely to make the switch. The survey also found that 54% of non-EV owners would be more likely to switch if fuel prices increase significantly over the next 12 months.

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