Electric cars will cost as much as gasoline and diesel equivalents in just four years to accelerate the move away from polluting vehicles, according to a transport minister.
Rachel Maclean said the total cost of ownership would balance out by around 2025 as manufacturing and battery costs decrease.
Electric cars can cost up to £ 10,000 more than comparable gasoline and diesel models, a significant barrier to sales.
In a garage that converts vintage cars into electric motors
The government has been accused of widening the gap by cutting a taxpayer-funded new electric car grant from £ 3,000 to £ 2,500 earlier this year. A report from the Institute for Public Policy Research said yesterday that high costs would force drivers from poorer households to stick with older, more polluting cars
