By Tom Payne

one-in-three-motorists-cannot-afford-cheapest-electric-car
A third of motorists are unable to afford even the cheapest electric car, experts warn
  • Figure equivalent to ten million households, shows ordinary family will struggle
  • Middle-earning households may not be able to afford cheapest electric cars
  • Analysis shows drivers need to be spending at least £2,100 on their current car  

The figure – equivalent to ten million households – highlights how many ordinary families will struggle to finance the switch from petrol and diesel cars being pushed by ministers.

Even middle-earning households will have difficulty paying for one of the cheapest leased electric vehicles – the £170-a-month Skoda Citigo.

The analysis by the Centre for Economics and Business Research (CEBR) shows drivers need to be spending at least £2,100 a year on their current car, including fuel, to comfortably afford an electric vehicle.

Households that spend around £1,800 could afford a plug-in car at a squeeze, butthose who spend around £1,400 will have difficulty. Drivers who spend up to that will find it impossible to afford.

CEBR economists said the research proves that ‘access to an electric vehicle is a pipe dream for a third of the population’. 

Via DailyMail.com

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