To ask Her Majesty's Government what assessment they have made of the impact of the electrification of vehicles on (1) lowering the cost of motoring, and consequentially, (2) the mode shift to public transport and active travel.
While electric vehicles (EVs) currently cost more to purchase than their petrol and diesel alternatives, EV motorists benefit from their comparatively cheaper running costs. It costs from 1p/mile to run a new electric vehicle, compared to around 10p per mile for new diesel/petrol vehicles. Additionally, we have put in place a tax regime that benefits motorists who choose cleaner vehicles. We expect the upfront cost and total cost of ownership of EVs to come down and demand to grow even further as they become more commonplace.
Our ambitions for zero emission driving will be supported by an accompanying package of £2.8 billion, with up to £1 billion to support the electrification of UK vehicles and their supply chains, £1.3 billion to accelerate the roll out of charging infrastructure and £582 million for plug in vehicle grants. Accelerating modal shift to public and active transport is one of the strategic priorities for our forthcoming Transport Decarbonisation Plan and forms a key part of both last year’s cycling and walking plan “Gear Change” and the recent National Bus Strategy.