How EV Running Costs Stack Up
The headline cost-per-mile of an EV depends on three things: battery efficiency (miles per kWh), where you charge (home vs rapid), and what you pay per kWh. Get all three right and an EV costs ~25% of petrol per mile. Get them wrong (rapid-only on a heavy car) and EV running costs can match or exceed petrol.
Typical EV Efficiency (mi/kWh)
- Most efficient: Tesla Model 3 LR (4.0–4.3), Hyundai Ioniq 6 (4.2), Mercedes EQS 450+ (3.4)
- Mainstream: Kia EV6 (3.5), VW ID.3 (3.6), Tesla Model Y LR (3.7)
- Larger / heavier: Audi e-tron (2.7), Ford Mustang Mach-E (3.0), Volvo EX90 (2.5)
- Trucks / SUVs: Ford F-150 Lightning (2.0), Rivian R1T (2.2), Hummer EV (1.6)
Typical UK 2026 Electricity Rates
- Standard variable tariff: ~28p/kWh
- Octopus Intelligent / Go (overnight EV): ~7–9p/kWh off-peak
- Public AC (7–22 kW): 45–65p/kWh
- Public Rapid DC (50–150 kW): 65–79p/kWh
- Ultra-Rapid DC (150 kW+): 75–89p/kWh
- Tesla Supercharger (non-Tesla): 50–70p/kWh
Charging Mix Strategy
Home charging is the killer feature of EV ownership. Aim for 80–90% home, 10% rapid if you have a driveway. Even at 28p/kWh home rate, a typical EV costs ~7p/mile vs petrol's 16p — saving £900/year at 10,000 miles. Switch to a 7p/kWh overnight tariff and the saving exceeds £1,300/year.
When Rapid Charging Costs More Than Petrol
An EV doing 3 mi/kWh charged exclusively on 79p/kWh rapid chargers costs 26p/mile — meaningfully worse than 16p/mile petrol. If you have no home charging access, the EV financial case weakens. Tesla Supercharger access (~50p/kWh for Tesla owners) and supermarket free chargers (Lidl, Tesco) can partially offset this.
Cold Weather and Motorway Driving
Real-world EV efficiency drops 15–25% in winter (battery heating + cabin heating + lower air density at temperature). Motorway driving at 70 mph drops efficiency another 20–30% versus city driving. Plan range buffers accordingly.
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