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Rising fuel prices may boost EV demand - CFC

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According to CFC Solutions, the move towards electric vehicles may be given a further boost by rising fuel prices. The company’s managing director Neville Briggs explains: “It is getting more and more expensive in real terms to get into a diesel or petrol car or van and just turn the key. Fleets are gradually adopting more fuel efficient vehicles and taking more notice of journey management to try to counter this but the gains they are making are nowhere near enough to offset fuel price rises. In this respect, EVs promise a step change in fuel savings. Figures as low as 2 pence a mile (around 1.5 Eurocents per km – ed.) are being mentioned by some advocates compared to something like 15 pence (around 11 cents per km…) for a normal petrol car. Even if the real world figure for EVs turns out to be higher, there are still substantial fuel savings to be made as well as the likelihood of much lower service, maintenance and repairs costs”. CFC acknowledge that rising fuel prices may also make electricity more expensive, but maintain that the general principle still applies.


04/11/2010  |  Tim Harrup
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