There are just three new electric cars on sale for less than £30k

RESEARCH has shown that there are just three new electric cars on sale for less than £30k.

Experts believe British consumers could soon be priced out of the electric car market.

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Just three months ago, research from Electrifying.com revealed that there were seven electric cars priced under £30,000.

However, a perfect storm of inflation, together with manufacturers streamlining their ranges, means that there are now only three.

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Shockingly, two years ago, there were 15 electric cars costing less than £30,000.

The most significant increase has been the Fiat 500e, which has seen the price of the cheapest version leap from £19,995 to £30,645.

Other big leapers include the Honda e, which has risen 38% from £26,660 to £36,920 for an identical model.

The cheapest Skoda Enyaq is now £38,970 compared to £30,450 two years ago.

The zero-emission cars still available for less than £30,000 include the MG4, starting from £25,995, the Nissan Leaf at £28,995 and the Mini Electric at 29,000.

MG’s ZS EV is also still on price lists at £29,495, but dealers have stopped taking orders as the car has a 14-month waiting list. 

This situation comes at a time when consumers are paying higher energy bills at home, but charging electric cars has also become more expensive.

This comes as the officials plan to introduce vehicle excise duty on electric cars in 2025.

An Electrifying survey found that 43% of people said they would be looking to spend between £20,000 and £35,000 on a new electric car.

Ginny Buckley, founder and CEO of Electrifying.com, said: “This is a crucial time in the switch to electric; although we’re seeing increasing sales of electric cars each month, it’s still the case that a level of affluence is needed to afford one.

“High inflation and a lack of affordable models means Britain’s struggling car buyers are paying more to get behind the wheel.

“Unless action is taken – and quickly – many hard-working people across the country risk being priced out of the electric revolution.”

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