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Comment by spiclk

4 hours ago

The primary cause of this current price differential is the enormous taxation applied to diesel and petrol in the UK. Obviously this situation won't last.

For me (not UK, no price cap on either electricity or petrol) the taxes for the equivalent in EV vs petrol is about half of the taxes for petrol are also applied to EV in km equivalent (11ct/kwh, 84ct/L, assuming my plug in hybrid usage).

My main point is that even with happy hour prices this is only viable for people which do not have to rely on external chargers, which is the majority. Currently EV is cheaper again, due to rapid rise of fuel prices, but the power companies with street side chargers generally "adjust" prices every year to match petrol and it's been for a long time cheaper to run petrol. Also: getting petrol from a few km away for cheap is easy, you are not going to park in the next village overnight to charge your car.