Up-front costs for electric cars that put customers off: CityAM

The up-front cost of buying an electric vehicle is what deter people from buying one, new research has shown.

According to a recent survey by the consumer group, more than a third (34 percent) of potential buyers cited cost as a reason for buying.

And this despite the fact that more than two fifths of consumers are open to turning away from the internal combustion engine.

The poll comes as the UK tries to ban sales of new gasoline and diesel cars by 2030.

At the moment, however, the cost differential between traditional models and new electric models is limiting acceptance.

For example, which said the cheapest electric mini was about £ 10,000 more expensive than the cheapest gasoline version.

While electric vehicles are cheaper to run, in the above case it would take about a decade for a consumer to recoup the £ 10,000 difference.

Lisa Barber, Editor-in-Chief for Household Products and Services, said, “It is expected that millions of people will switch to electric cars in the next few years to reduce emissions. Vehicle scare people.

The UK competition watchdog today urged the government to accelerate the roll-out of its EV charging stations, describing the current situation as a

“We know consumers want to make more sustainable choices and are open to making the move to electric vehicles, but more support is needed to ensure that they can make the decision to buy an electric car feasible.”

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