Written Question·Department for Transport·UIN 120278
Electric Vehicles: Costs
Tabled: 11 March 2026
Answered: 19 March 2026
Question
James McMurdock
Independent — South Basildon and East Thurrock
To ask the Secretary of State for Transport, what estimate she has made of the total cost of electric vehicle ownership, including a) purchase price, b) insurance, c) maintenance, d) charging costs and e) vehicle excise duty.
Answer
Keir MatherElectric vehicles (EVs) are typically cheaper to own and run than petrol equivalents when purchased using salary sacrifice or when making use of the best available home off-peak charging tariffs. EVs continue to benefit from preferential tax breaks compar...
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