Should I buy an electric car?

“Plus, if you have the opportunity to install a home charger, you will likely find your EV more convenient than an ICE vehicle.”

If, however, you’re unable to install a charger at your home for lack of a driveway or another reason, ‘charge point anxiety’ may understandably take over, where you worry about finding a place to top up. 

On this point, Gridserve CEO Toddington Harper said: “Come to one of our charging forecourts in any electric car, and you won't worry any more. Where there aren’t forecourts, we still have super-hubs. The whole country will be very well served within a very short period of time, I have no doubt.”

Weather may be another factor for concern, because range can be significantly shortened if conditions are less than favourable – for example, if it’s cold. Gridserve found that once you hit freezing, the impact on range is around 10% to 20%.

As batteries continue to develop in efficiency and longevity, however, this problem will begin to diffuse.

What kinds of chargers are available?

Different connector types can be split into alternating current (AC) and direct current (DC). Slower AC connectors include the standard UK three-pin plug, and Type 1 and Type 2 connectors, while faster DC connectors include CCS connectors and Tesla’s own Superchargers. 

Most brands ranging from BMW and Mercedes to Kia and Hyundai use slower Type 2 chargers and fast-charging CCS connectors, while others use Type 1 and CHAdeMO connectors. CHAdeMO plugs are mostly reserved for older models and aren’t used so much these days, however.

It can take around half an hour to charge a typical EV at a 150kW rapid-charging station from empty to full. Some 350kW chargers will add 100 miles of range in 10 minutes.

If you use a standard 7kW public charger, a full charge arrives in around eight hours and an estimated three hours with a 22kW charger.

How much does it cost to charge an electric car?

Depending on where you go, it can be cheaper to charge your car than fill it with petrol or diesel.

You can expect to pay 19-21p per mile for petrol or diesel (based on a regular family car), but charging at home overnight (the cheapest option) can cost as little as 3p per mile, meaning a full charge costs around £16 based on a car with a 60kWh battery, such as the Tesla Model 3.

According to the AA, on average a Vauxhall Corsa Electric will cost £19.20 to charge from 0-80% on a slow charger, £22 via a fast one, £27.60 on a rapid and £28.40 for an ultra rapid.

Gridserve, known to be one of the most reliable providers in the country, uses DC rapid chargers priced at 79p/kWh and slower AC chargers at 49p/kWh.

Further details on charge costs can be found here.

Can I afford an electric car?

You can grab a cheaper EV from the used market, and there will be one available for every use case, because the market is always growing. For example, the SMMT told Autocar that used EV sales have “doubled in the last year”.

At the time of writing, the cheapest EVs on the used market are currently first-generation Nissan Leafs and Renault Zoes, each available from around £5000-£7000 for examples that have covered 40,000-50,000 miles. 

When new, the Zoe came with a battery leasing plan and a guarantee that lasted for eight years or 100,000 miles, so later models may come with a monthly payment for the battery, but will still be under warranty.

Compelling lease deals and financial benefits are also available to EV drivers. You can expect to pay less than £300 per month for a Nissan Leaf, Peugeot e-208, or Vauxhall Corsa Electric with an initial rental of less than £500.

If you’re a company car driver, electric cars are also set at a far lower benefit-in-kind (BIK) rate than their combustion equivalents. For example, at the time of writing, a BMW i4 eDrive40 M Sport is set at 2%, while the 320d is 30%, so you’ll pay less money in BIK tax for an EV.

Should I buy a hybrid instead?

Hybrids offer a stepping stone for those unsure about owning a purely electric car. Three types exist; hybrids, plug-in hybrids and mild hybrids.

Full-fat hybrids use a combustion engine mated to an electric motor, which is charged up by the engine when it is running low. This allows you to drive it a short distance on electric power alone before the engine kicks in.

Plug-in hybrids are essentially the same, but the battery is charged via a wall socket or other external source, rather than the combustion engine. This enables them to travel longer distances on purely electric power.

Many will cover roughly 20-40 miles on electric power when fully charged but some go even further. For example, the Mercedes GLC 300de can travel 84 miles as an EV, and the Range Rover Sport P440e 76 miles.

Mild-hybrids use an electric motor in place of a starter motor and alternator, meaning the engine doesn’t have to work during fuel-intensive activities, such as restarting.

How much longer will combustion cars be around for? 

It’s anyone’s guess what their role will be, but their days as a major source of propulsion are numbered.

On this, Harper said: “I just think that the mass market of EVs is coming. We see it in our data, to think that we're charging almost 200,000 vehicles a month is extraordinary compared to where we were, and it's going up and up and up.

“I think in the mass market, there will always be space for enthusiasts. And I'm sure there are certain applications where it will make sense for combustion vehicles to run for longer periods, but they will need to meet net-zero legislation and run on net-zero carbon fuels. Today, those fuels are very expensive.”

Small-time manufacturers such as Alpine or Caterham (which aren’t currently regulated on emissions as strictly as larger ones) will be able to continue producing cars with a degree of combustion, and brands such as Ferrari are looking into e-fuels as a way of keeping combustion vehicles alive.

Classic cars meanwhile, could have their drivetrains converted to run on e-fuels or electricity. Older models are easier to convert in this way because their chassis isn’t built into the body as it is on modern cars.

If, however, you still want the 6.75-litre V8 in your Rolls-Royce Corniche to run on regular petrol, you’ll have to have plenty of cash in reserve to cover the tax hike that non-electrified combustion cars will incur within the next 10 years.

Verdict - should I buy an electric car?

The answer to this is rooted in your own circumstances, and you should take the plunge so long as you have the basics covered.

Those are: access to a good charging network (or home charger), a knowledge of how long it will take your car to charge up based on the charge speed it accepts, and that you'd like one mostly for your commute to work.