South African motorists could save 76% of fuel bills by driving an electric vehicle

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South African motorists could save 76% of fuel bills by driving an electric vehicle
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New research by Compare the Market Australia looked at fuel and electricity price data for 50 different countries and compared them to find out who has the best deal when it comes to charging their new EV. Here's where South Africa ranked...

New research by Compare the Market Australia has found that South Africans could make significant savings on their fuel bill by driving an electric vehicle.

Electric vehicles are widely regarded as more environmentally friendly than their petrol-powered counterparts and often touted as cheaper to run. looked at fuel and electricity price data for 50 different countries around the globe and compared them to find out who has the best deal when it comes to charging their new EV.

Denmark and Italy cost EV drivers only $7.49 in electricity for every 100km they drive, compared to $12.55 of petrol per 100km in Denmark and $10.35 in Italy. On average, across all nations studied, EVs cost $3.23 to charge for every 100km driven, while a petrol equivalent would cost a driver $9.18 per 100km. This means, on average, an EV is only about one-third the cost to refuel an equivalent petrol vehicle.

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