Electric cars are approximately £10,000 more expensive than petrol equivalents
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.
Western societies are committing to the electrification and provision of electricity, but not actually providing it.
A spokesperson for the GMB union stated that strike action at Exxon Mobil’s Fawley oil refinery, which produces 270,000 barrels per day (bpd), in southern England, is scheduled to resume
According to a Toyota senior executive, a “silent majority” of car companies are concerned that electric cars won’t be able to eliminate reliance on fossil fuels.
According to new research by the AA, motorists without off-street parking might find it cheaper to drive a diesel car rather than an electric one.
The weakening dollar, Covid restrictions in China and falling oil prices have caused the price of petrol to plummet.
The third-worst monthly increase in recorded prices was in October, which saw a cost rise of 10p per litre to an average of 190.5p.