Interest in Electric Cars Slumps by Two Thirds as High Prices Wipe Out Savings
Interest in electric cars has slumped as electricity prices and falling petrol costs have erased the benefits of owning a plug-in. Searches for battery-powered vehicles have dropped by two thirds since early 2022, according to Britain’s biggest online car marketplace AutoTrader. Interest has waned because of surging electricity prices and the end of Government grants…