Electric Cars Now Cheaper Than Petrol Models in UK for First Time
New data shows electric vehicles in the UK have become cheaper on average than petrol cars, driven by discounts and government support. This shift is boosting demand, with inquiries for new cars rising significantly in April. Chinese-backed brands are gaining prominence in the EV market.
america.cgtn.comElectric car prices in the UK have dropped below those of petrol models for the first time, according to data from Autotrader. The average new electric vehicle now costs £42,620, compared to £43,405 for a petrol equivalent, offering a £785 saving. This change marks a reversal in upfront costs, which have historically hindered EV adoption.
8 percent in March but still above typical levels. 7 percent a year ago. Government support has contributed to this affordability.
interest in new cars has increased by about 20 percent in April on Autotrader's platform.
This rise is attributed to sharper pricing, the introduction of '26 plate' cars, and greater awareness of EV incentives. The number of new cars listed for sale has also grown by 13 percent compared to last year. 9 percent.
1 percent. 1 percent. More than half of the top ten EV models are from Chinese-backed brands, reflecting their competitive pricing and growing market presence.
In the overall new car market, petrol vehicles still dominate demand, with the Volkswagen Golf leading for the third consecutive month, followed by the Jaecoo 7 and the Land Rover Defender 110.
2 percent. Chinese manufacturers are making significant inroads, with models like the Jaecoo 7 ranking second overall. Other notable Chinese-built vehicles include the MG S9, Omoda 5, Chery Tiggo 8, and MG HS, favored for their affordability.
“Milestone gets thrown around a lot, but this really is one. For the first time, EVs are cheaper than petrol cars on upfront cost - removing one of the biggest barriers to switching.”
The price parity is seen as addressing a key barrier to EV uptake, with EVs already cheaper to run. Rising petrol prices due to global volatility further highlight the financial advantages of electric vehicles. Public charging remains a challenge, particularly for households without driveways.
Efforts to lower public charging costs could accelerate adoption to meet automaker quotas under the Zero Emission Vehicle mandate for 2030.
“Another barrier to EV adoption just fell. On the vehicle side, up-front cost for consumers has been well addressed through the government grant and dropping prices.”
The data indicates a mix of competitively priced models across segments is driving interest. Geopolitical factors, including situations in Iran, are pushing fuel costs higher and increasing focus on energy security, boosting EV inquiries. Dealers have increased supply in response to demand, with strong interest extending to petrol and hybrid vehicles amid market competition.
The momentum suggests a potential acceleration in the shift toward electric vehicles in the UK.
Transparency
Rewrite adopts positive framing on EV affordability and adoption, using loaded descriptors and selective quotes that emphasize benefits while downplaying ongoing challenges.
Loaded metaphor: metaphors frame price drop as triumphant breakthrough
Government subsidies and manufacturer discounts artificially lower EV prices, potentially distorting market competition and burdening taxpayers.
2 independent outlets report the same core facts. This score blends how many outlets corroborate, their editorial tier, and how closely their facts agree — it measures corroboration, not proof.
Sources framed at 25; our rewrite scored 35 — in line with the sources.
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