Despite the new 3p per mile tax on EVs, an analysis shows that EVs can still save their owners around £1,450 a year on average.

The analysis from the ECIU has found that the UK’s most-viewed second-hand EVs on Autotrader will still create savings over ten years of second-hand ownership, including purchase cost and all running costs.

The list consists mostly of larger EVs with high savings, such as the Jaguar i-Pace, Polestar 2, or Audi Q4 e-tron, but even smaller EVs on the list, such as the Nissan Leaf, can save their owners almost £700 per year.

Substantial savings are driven by significantly lower charging costs compared to petrol costs, and the fact that EVs have reached price parity with their petrol equivalents on the second hand market.

Colin Walker, head of transport at the Energy & Climate Intelligence Unit (ECIU), said: “The mixed messages being sent to consumers by the Government’s introduction of a 3p per mile tax on EVs is understandably causing concern, risks undermining consumer confidence, and could significantly slow the sale of new and used EVs. But it will not change the fact that second-hand EVs can deliver, and will continue to deliver, very significant savings to families across the country the moment they get their hands on the keys.”

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