It's about the UK. They set an energy price cap recently but if they had not then electricity prices were expected to go through the roof; the estimates were for the electricity prices to double. Even with the new price cap the cost of charging an electric car is going up a lot; not to the point that it's more expensive than gasoline but getting close. They effectively are using tax payer funds to keep electricity bills lower for the next two years, once that ends electric cars may be more expensive to operate than gasoline.
TheLaserGuru t1_iy9hhdk wrote
Reply to comment by icefire555 in Why some electric cars could soon be more costly to run than petrol motors by use_vpn_orlozeacount
It's about the UK. They set an energy price cap recently but if they had not then electricity prices were expected to go through the roof; the estimates were for the electricity prices to double. Even with the new price cap the cost of charging an electric car is going up a lot; not to the point that it's more expensive than gasoline but getting close. They effectively are using tax payer funds to keep electricity bills lower for the next two years, once that ends electric cars may be more expensive to operate than gasoline.