Energy cost is ‘biggest challenge’ for EV drivers

High electricity costs is the biggest challenge for electric vehicle (EV) drivers, according to new research from Close Brothers Motor Finance.

Almost three in ten (29%) cited having range anxiety, followed by the lack of charging points (28%) being an issue.

One in five (21%) also confirmed that inadequate charging infrastructure, for example chargers regularly being out of order, has been a problem.

The battery range has also caught some drivers out. One in five (25%) found having to constantly stop on long journeys to recharge their vehicle a challenge, whilst 15% said their battery going dead was an issue.

Although EV drivers say they have experienced some challenges owning an electric vehicle, more than nine in 10 (92%) confirmed they would purchase another EV in the future.

Lisa Watson, director of sales at Close Brothers Motor Finance, said: “With the cost of owning an EV potentially becoming even more expensive with changes to electric vehicle exemptions in 2025, more incentives are needed if we’re to see an increase in the uptake of EVs and encourage more people to make the switch.

Biggest challenges for EV drivers

1. Rising electricity costs – 32%
2. Range anxiety – 29%
3. Lack of charging infrastructure – 28%
4. Having to constantly stop on long journeys to recharge – 25%
5. Slow speed of charging at home – 23%
6. The range not being as good as stated by the manufacturer – 22%
7. Inadequate charging infrastructure – i.e chargers regularly out of order – 21%
8. Lack of charging facilities at the workplace – 21%
9. The battery going dead – 15%