The Complete Guide to Electric Vehicle Ownership in the UK
Deciding whether to switch from a petrol or diesel car to an electric vehicle (EV) is one of the biggest automotive decisions UK drivers face in 2026. With the UK government's ban on new petrol and diesel car sales coming into effect in 2035, increasing numbers of motorists are making the switch now.
But is an electric vehicle worth it for you? The answer depends on several factors, including your annual mileage, access to home charging, and how long you plan to keep the vehicle. This comprehensive guide will help you understand all the costs and benefits involved.
Understanding the True Cost of Electric Vehicle Ownership
When comparing electric vehicles to their petrol equivalents, it's essential to look beyond the purchase price. While EVs typically cost more upfront, the total cost of ownership over 3-5 years is often significantly lower due to:
- Lower fuel costs: Electricity costs 2-5p per mile vs 16-22p for petrol
- Minimal road tax: Battery electric vehicles pay just £10/year VED from 2025
- Reduced maintenance: Fewer moving parts mean less wear and fewer repairs
- Congestion charge exemption: Save £15/day in London and other cities
- Company car tax benefits: Just 3% BIK rate vs up to 37% for petrol
The 2026 UK Electric Vehicle Market
The UK EV market has matured significantly, with options now available at every price point. From affordable models like the MG4, BYD Atto 3, and Citroen e-C3 to premium options like the Tesla Model S, BMW iX, and Mercedes EQS, there's an electric vehicle to suit every need and budget.
Range has also improved dramatically. Most new EVs now offer 250-350+ miles on a single charge, with some models exceeding 450 miles. Combined with the UK's rapidly expanding charging network of over 70,000 public charge points, range anxiety is becoming a thing of the past.
Making Your Decision
Use our free savings calculator above to get a personalised estimate of how much you could save by switching to electric. We factor in your specific circumstances—annual mileage, current fuel costs, access to home charging, and more—to give you accurate, UK-specific figures.
Whether you're a high-mileage commuter, a city driver looking to avoid ULEZ charges, or simply want to reduce your environmental impact, understanding the full picture is essential. Explore our detailed guides on running costs, charging options, and government incentives to make an informed decision.