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Citroen C-Zero is named cheapest electric car to run

Citroen C-Zero

Citroen's C-Zero has been named by Cap HPI as the cheapest pure-electric car to run over a two-year/20,000-mile period.

The automotive data specialists looked at the total cost of ownership (TCO), including costs such as servicing and fuel.

It found the C-Zero has the lowest total cost of ownership at £18,319 (£508.86 per month). Hot on its heels is the Peugeot Ion with a TCO of £18,489 (£513.58 per month).

Next was the Volkswagen Up with a TCO of £19,080 (£530 per month) followed by the Hyundai Ioniq with a TCO of £20,632 (£573.11 per month) and the Renault Zoe with a TCO of £20,817 (£578.25 per month).

Cap HPI found the Tesla Model S and Model X have a TCO of £43,027 and £53,279 (£1195.19 and £1492.47 per month) respectively.

Chris Plumb, Black Book editor at Cap HPI, said: “More than 60,000 new AFVs have joined Britain’s roads so far this year. The overall used market for electric vehicles has seen gains with residual values increasing by 7% this year.  

“As consumer interest in electric vehicles continues to soar now could be a good time to consider switching to a used EV.

"The market for alternatively fuelled vehicles (AFVs) saw a record market share of 4.4% in June with more than 10,700 hitting the roads, a rise of 29.0%.

"EVs and plug-in hybrids can provide a good balance between range and efficiency plus the economic benefits for motorists can be enormous, offering big savings on fuel and tax costs as well as much lower maintenance costs.”

Click here for electric cars and hybrids best practice and procurement insight

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