The growing body of evidence shows that electric vehicles (EV) are already close to cost equity with petrol and diesel The model you will believe in compared to many reports – but around confusion List price Risk of keeping the shift back for cleaner, more economical transportation According to experts in the car industry.
The problem is the use of data of the headline recommended retail price (RRP) to compare petrol and electric cars. RRP ignores exemption-something that has been a part of petrol and diesel market for a long time-and ignores the fact that EVS is far better than its combustion engine counterparts.
Where petrol cars are still introduced into stripped-back “base trims”, designed to hit a marketing price point, EVS is usually rich in specifications from the beginning. This means that features such as connectivity, advanced driver assistance, performance upgrade and over-the-air software updates are standard on many EVs, while they remain expensive extra on ice cars, or simply unavailable.
The CEO of electric vehicles, Tanya Sinklair, UK, told us: “During the automotive industry, we have the responsibility to fully and clearly communicate about products and services. An entry-level ice car has to be compared with an EV that includes thousands of pounds, which include drivers, which do not tell the entire story about the vehicles that are not a full story.”
“EVs are state -of -the -art of advanced technology and have a great value for money in terms of space, performance and features. We all should install our pounds for pound qualification on every possible occasion.”
When you see the model for the model, a very different picture emerges. Renault’s Australia vs. All-Electric Sightsee, Volkswagen Tiguan against Woakeswagen Tiguan, Golf against ID3, Nissan Kashakai Aria or Kia Sports vs.–There is a comparison against each comparison against EV5 that EVS usually distributes more space, performance and facilities, while the life-long-running costs are less.
The cost of the battery, once the biggest obstacle in equality, is making tambling. In some parts of China, packs are already being well produced under $ 100 per kWh, with global forecasts to around $ 60/KWH in early 2026. At the same time, the Ice technology is becoming more expensive for rapid strict emission rules.
This means that in many sections, equity is not a distant promise – it is already here.
The founder and CEO of Palmer Energy Technology Limited, Dr. Andy Palmer was one of the first people to see the potential. “In 2008, when we developed Nissan leaf, the value equity with ice was only a dream,” he said. “The battery is then a cost of $ 1,000/kwh. Today, at about $ 60/kwh, equity is not a hope – this is reality. Add low moving costs, and the economic matter for EVS is now undisputed.”
Pat Hoy, founder of Insider car deals, who supply data Independent EV Price Index,
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“On PCP finance, the monthly difference between ice models and EVS is only narrowed up to £ 32, and when you look at the total cost of a PCP – including the balloon payment – so the ice models still end about 5 percent (£ 2,391) above the RRP, while EV comes in about 5 percent (£ 2,960).
With the ongoing cost, which can be up to half of petrol counterparts, as well as the message of industry experts, with the benefits of performance, refinement and technology, is clear: EVS is not expensive outlair that reveals the list prices to them. As Cinclair puts it, pounds for pounds. They can already buy some best-value cars that you can buy.