One of the many things Donald Trump may not have foreseen or intended as he launched Gulf War III was a huge boost for electric vehicles. EV sales in Britain jumped 24pc in March to a new record of more than 86,000, while sales of petrol and diesel cars fell.
Perhaps it’s not surprising, since petrol prices have surged 26 pence per litre and EV charging rates held steady so far. But does that necessarily mean that now is the time to buy?
It may sound a stupid question as the world’s economies roil in what the International Energy Agency has called the world’s biggest ever oil shock. But I’ve been mulling this decision for months and the uncertainties are still huge. It’s not just about the war.
You could already run an EV more cheaply before the fighting and now the savings have swelled. But even now they are not automatic.
How much you can save, and how easily, still depends on your driving habits, where you live and whether you keep your eyes peeled. The size and possibly survival of any savings will also be affected by how and when the war ends and by future government policy. So, what to do?
To read the article in full please follow this link to the Telegraph