GB News guests debate using electric cars
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Research has shown that charging an EV at home will be a third cheaper than it would have been as a result of the Government’s energy price guarantee. Despite this, many are still hesitant to transition to an electric vehicle because of concerns about charging the vehicle.
Nick Woolley, CEO and co-founder of ev.energy, said that he was trying to change the way people think about charging.
Speaking exclusively to Express.co.uk, he said: “When you drive an EV, you’ll find that generally they’re easier to drive, they’re faster, they often have loads of tech inside them, they’re quiet.
“The experience is overwhelmingly positive on a lot of fronts.
“The fundamental challenge with owning an electric vehicle is charging.
“Charging is the biggest pain with EV ownership and we’re trying to make charging as easy as possible.
“It’s getting quite expensive. It’s still way cheaper than owning an internal combustion engine vehicle.
“For a typical EV driver who’s doing around 10,000 miles, will probably spend around £850 per year when charging at home.”
He acknowledged that this price would most likely continue to rise, although the energy price cap announcement from Prime Minister Liz Truss may save some drivers money.
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According to RAC Charge Watch massive price jumps in the cost of EV charging have already been seen this year.
In September 2021, it cost 36.74p to charge one kilowatt hour (kWh) using a rapid charger, which has since grown to 44.55p in May 2022.
In the same time frame, the price to charge using an ultra-rapid charger has increased by almost 17p.
Earlier this week, one major charging company announced that they would begin charging £1 per kWh as energy price crisis hammers the industry.
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Mr Woolley added: “We’re trying to make it as cheap as possible by charging the vehicle at a time when it is cheapest on the grid.
“We’re in a great position globally and the UK is sort of leading the world and I hope to continue to lead the world with targets.
“I think we are all going to convert to electric vehicles, people are thinking about them.
“This is all about people like you or me wanting to adopt an electric vehicle and converting across onto the new technology.”
Most industry experts have called on the Government to take action to help those who cannot charge at home.
When charging in public, a VAT rate of 20 percent is levied onto the cost, compared to just five percent when charging at home.
At a time when many are looking to invest in an electric car and battle the cost of living crisis, experts say lowering the VAR rate on public chargers will help massively.
The Government recently announced a £20million EV chargepoint boost for more than 1,000 new EV chargers across the country. Through the innovative Local EV Infrastructure (LEVI) pilot scheme, local authorities and industry will work together to create new, commercial EV charging infrastructure for residents. This will range from faster on-street chargepoints to larger petrol station-style charging hubs.
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