Net Zero effect is about to wipe that smug look off the face of those awful Tesla drivers.
Electric vehicles will be more expensive to run than petrol equivalents from October as the latest price hike makes the Net Zero Nightmare a reality.
The unit cost of electricity will nearly double under new energy prices released yesterday, taking it up to 52p per kWh, up from 28p. Petrol prices have fallen in recent weeks and stand at £1.70 per litre, in comparison.
As a result, it will cost more to travel long distances in an electric car than a petrol one – even before factoring in higher purchase prices and the need for replacement batteries every 20,000 miles.
The owner of a Jaguar i-PACE, an electric SUV, would spend nearly £100 more to travel the same distance as a driver of a petrol equivalent, according to calculations by breakdown service, the RAC. The petrol version can travel around 400 miles on a full tank of petrol, which would cost around £50. The electric model only has a range of 290 miles and would need multiple charges to travel 400 miles – this would cost £99 more after October’s electricity price hike.
The same is true for cheaper models. A Kia e-Niro owner would have to spend £88 more than a Kia Sportage driver to travel the same distance. The e-Niro will cost £33.80 to fully charge from October compared to £18.37 at the moment, RAC estimations showed.
The firm’s Rod Dennis said those who charged their cars at home would really feel the impact of October’s energy price rise.
adding: “A full charge of a typical family-sized electric SUV will cost 84pc more from October than it does under the current cap. Public charge points also have no choice but to increase prices to reflect rising wholesale costs, which will heavily impact drivers.”
Tesla owners have long since believed they've made the 'smart' choice. They can regularly be seen with a smug look on their face even whilst driving round trying to find a charger. It has not been a good week for Tesla drivers at all, rumours that Elon Musk is secretly off-loading his Tesla stock continue to circulate whilst a videos are emerging that show dozens of Telsas waiting for a charger to become free, whilst petrol cars drive past after a 2 minute fill up.
The last 'benefit' of owning an electric car has just gone, and worse still, nobody will want the thing if you try to sell it either.