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Is electric for you

More and more companies are looking to alternative fuels to improve their environmental credentials and lower their tax bill.

It’s early days for electric vehicles and there is still an amount of uncertainty in the market over re-sale values, servicing, maintenance and overall wholelife costings.

By 2020, the Government expects up to 20% of new car sales to be EVs; those aspirations will only be achieved by the widescale buy-in by the corporate sector.

The majority of manufacturers will accept that an electric vehicle isn't for everyone and mostly work for those drivers that travel in the city and cover low annual mileage.

Below are some advantages and disadvantages to electric vehicles.

Advantages

  • Tax exemption
  • Congestion Zone is currently free
  • Maintenance could be easier to handle as there are fewer moving parts so fewer things to go wrong
  • Improved environment credentials on current diesel and petrol models
  • No fuel costs

Disadvantages

  • Currently can only travel around 100 miles per charge
  • Other elements like weight (luggage) and weather can impact the range performance sufficiently more than on diesel or petrol
  • The car, in most cases, needs plugging in at night which can be difficult if you live in a flat or do not have easy access to a plug socket 
  • More expensive to buy outright
  • Unknown whole life cost and battery performance over time