UK Survey Shows 63% of Motorists Are Reluctant to Buy EVs Because of Soaring Energy Costs

September 30, 2022 10:20:49

For dozens of countries across the world, electric vehicles represent a chance to fight climate change by curbing soaring carbon emissions. Since EVs run on rechargeable lithium-ion batteries, they produce zero emissions at the tailpipe. Experts have found that they produce significantly fewer emissions compared to traditional cars even if the electricity they use isn’t “clean,” making them suitable for economies looking to achieve net-zero emissions by 2050.

However, most consumers have had one main complaint for the past decade or so: EVs are just too expensive. Even with subsidies meant to…

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