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But unfortunately when you look at the total cost of ownership the price premium you pay for an EV over it’s ICE equivalent here in the UK and the typical ownership period of 3-4 years due to the majority being “purchased” using PCP (personal contract purchase) that has a balloon payment at the end very few pay means most people will never actually make a saving.

But unfortunately when you look at the total cost of ownership the price premium you pay for an EV and the typical ownership period of 3-4 years means most people will never actually make a saving.