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.
Numerous EV Charging Stations Removed from UK Streets Following Spike in Energy Costs
Free EV Charging Stations in UK Reduced Significantly Due to Escalating Energy Expenses.
RAC cautions against diesel price gouging in the UK despite a decrease in wholesale costs
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.
Despite the fall in oil prices, diesel is still 17 pence more expensive per liter than 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.
Brussels’ ban on petrol and diesel cars has been blocked by Germany and Italy.
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.
As petrol prices continue to drop, drivers are becoming less interested in electric cars.
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 car production slows as drivers opt for cheaper wet fuel models
Electric cars are approximately £10,000 more expensive than petrol equivalents
Petrol falls below 150p a litre for the first time since Russia invaded Ukraine
Fuel prices have fallen below 150p a litre for the first time since Vladimir Putin’s invasion of Ukraine.
Drivers are prevented from switching to electric cars by a charging point shortage
Motoring groups warn that Britain’s electric car revolution is being held back by a lack of charging points and high plug-in prices.
UK petrol and diesel dealers accused of failing to pass on declining oil prices to drivers
The sector is already under surveillance by the competition watchdog.
In the UK, there were a record number of public charging stations for electric vehicles in 2022
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.