The true cost of electric vehicles
Julian Jessop quoted in the Daily Express
Alexander Hammond features in Daily Express
Alexander Hammond quoted in the Daily Express
IEA Policy Analyst Alexander Hammond was quoted in the Daily Express, assessing the true cost of replacing diesel and petrol cars with electric vehicles.
Alex said: “If every diesel or petrol car in the UK was replace with an electric version (EV), over their lifetime they would avoid 324 million tonnes of CO2, which has a market value of £15.7billion. However, the taxpayer would have to fork out £82.1billion in EV subsidies alone – not to mention additional costs, such as funding hundreds of thousands of EV charging points.”
Read the full article here.