Following the competition watchdog’s decision to intensify scrutiny of the market, supermarkets and other prominent retailers have hastened their cuts to diesel prices, as reported by the RAC.
Following the competition watchdog’s decision to intensify scrutiny of the market, supermarkets and other prominent retailers have hastened their cuts to diesel prices, as reported by the RAC.
Free EV Charging Stations in UK Reduced Significantly Due to Escalating Energy Expenses.
A leading UK motoring organization, the RAC, has accused retailers of artificially raising diesel prices at the pump, even though wholesale prices for diesel have dropped below those of petrol.
According to a report by a motoring group, despite similar wholesale costs, diesel is being sold at an average of 17 pence more per litre than petrol.
Germany and Italy have caused disruption to a proposed European Union to ban on new petrol and diesel cars as they demand exceptions to protect their influential automobile industries.
According to the AA, as petrol and diesel prices drop and the cost of electricity surges, the number of motorists interested in purchasing electric cars has significantly decreased.
Electric cars are approximately £10,000 more expensive than petrol equivalents
Fuel prices have fallen below 150p a litre for the first time since Vladimir Putin’s invasion of Ukraine.
Motoring groups warn that Britain’s electric car revolution is being held back by a lack of charging points and high plug-in prices.
The sector is already under surveillance by the competition watchdog.
British companies have installed an unprecedented number of public-electric car chargers in 2022, as they try to control a rapidly growing and potentially lucrative market.