Electric car owners could save £360 in charging costs compared to petrol vehicles

Most potential EV customers frequently mention the same hurdles, with two of the main issues being charging and insurance costs. More electric vehicles were registered than diesel cars for the second month in a row in July, despite the hesitation.

Steffen Brans, CEO of electric vehicle charging company EEVEE, praised the growth of EV uptake in the UK, but said that more needed to be done.

Speaking exclusively to Express.co.uk, he said: “Charging costs are certainly one of the main hurdles. It’s currently cheaper to fill your car up with electricity than with petrol which is a great start.

“However, it is still significantly more expensive to charge in public than it is at home.

“This is a problem when you consider that 30 percent of homeowners in the UK still have no access to dedicated off-street parking or workplace charging and as such, are forced into paying these higher rates.

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Mr Brans continued: “The final factor is efficiency – ultimately if charging your EV isn’t an efficient and convenient process then people won’t switch.

“Consumer fear of running out of power is also another hurdle we need to overcome; however, this will mitigate in future as more charging stations appear and battery and EV performance improves.”

EEVEE currently operates in 63 countries, with the UK being their second biggest market.

Through analysing their own data, they have discovered that UK Tesla drivers using their service spend only £47 a month on charging, which is less than a single tank of petrol.

This is a saving of almost £30 a month when compared to the average monthly fuel costs for petrol cars. 

Their service allows users to generate real-time reports from every charging location the driver has used and analyse the charging costs.

EEVEE is one of many companies working to create a net-zero world, with the group aiming to make EV adoption more manageable, transparent, convenient and cost effective.

Steffen Brans reiterated his goals, saying: “We believe we can do this for not only the consumers, but also companies and transmission system operators.

“For companies who want to increase EV adoption amongst their employees we aspire to become the go-to platform for all EV management and charge costs reimbursement.

“We want to keep on innovating in areas that increase transparency and understanding of EVs further. 

“Our app, for example, is already evolving from a cost tracking tool into a digital twin for an EV so drivers can get a better understanding of their driving, charging and ecological impact.”

This comes as new information from Admiral Insurance shows a number of EVs and hybrids with car insurance prices below the average of £468.

This shows how insurance companies, as well as drivers, are placing more trust into electric cars and hybrid vehicles.

source: express.co.uk