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More than half of motorists think petrol, diesel cars are cheaper to run than EVs

A new poll by car insurer NFU Mutual found that over half of motorists think petrol and diesel cars are now cheapest to run. As the cost of electricity rises, just 18 per cent thought a fully electric vehicle would be cheaper, while 11 per cent said a plug-in hybrid would be cheapest. This is in stark contrast to last year, when a survey found 57 per cent said cheaper running costs were an incentive to switch to electric vehicles (EVs). However, motor experts at NFU Mutual show EVs are still significantly cheaper to run when charged economically and have many other cost benefits too.

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45 per cent of motorists ‘would not consider buying an EV’ in next decade

Research by insurance company NFU Mutual has revealed that 45 per cent of Brits would not consider buying an electric vehicle (EV) in the next 10 years, with battery range, lack of charging infrastructure and charging time being among the key worries. The insurer carried out a survey of 1,107 people across the country to discover the public’s views on EVs. The research showed that, despite marked steps towards increased EV use, 45 per cent of Brits still would not consider switching to an EV or hybrid vehicle.

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Insurer predicts ‘sharp increase’ in accidents when UK lockdown ends

Based on claims trends following previous UK lockdowns, insurer NFU Mutual is expecting a sharp increase in accidents from next week. This is when self-contained holiday accommodation lets, non-essential retail, personal care, outdoor hospitality and indoor leisure venues are scheduled to open to the public on 12 April. Claims to NFU Mutual for car accidents increased sharply by 22 per cent over the late May Bank Holiday last year, shortly after lockdown was eased on May 11. Car accident claims also increased by 12 per cent over the Christmas period compared with previous weeks, prompting the insurer to advise caution on the roads. The prediction comes alongside 1 in 4 drivers admitting they are feeling nervous about making long journeys once lockdown restrictions are lifted.

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