Fuel prices near £2 a litre could push 44% of drivers towards EVs
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Rising fuel costs in the UK could lead to an increase in electric vehicle adoption, with 44% of non-EV owners considering a switch if fuel prices reach £2 per litre. The research suggests that higher fuel prices are driving interest in electric vehicles, particularly among men, younger motorists, and households with higher incomes.
Rising fuel costs are prompting non-EV car owners to consider switching to electric vehicles. A study found that 44% of non-EV owners would consider an electric alternative if fuel prices hit £2 per litre. The research identified £1.99 per litre as the tipping point for petrol, diesel, and hybrid drivers to consider moving to an EV. Fuel prices in the UK have risen recently, with petrol averaging over 157p per litre and diesel at 190p. The study also found that 54% of non-EV owners would be more likely to switch to electric if fuel prices rise significantly over the next 12 months. Men, younger motorists, and households earning over £60,000 are most likely to make the switch.
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