Cars

People have been locked into an energy and transport system fundamentally based on (imported) fossil fuels. This has a negative impact on the planet, our health, wallets, and geopolitical security. Change is afoot to decarbonise our economy, influenced by clear EU policies in energy, product design, and the automotive sector. BEUC research has consistently shown that electrification in many consumer areas – cars, cooling, heating – is the most affordable option.

BEUC’s latest total cost of ownership study reveals that electric cars are at a turning point in Europe, with the Total Cost of Ownership (TCO) of battery electric vehicle (BEVs) becoming competitive with conventional vehicles for first owners as early as 2026.

New medium-sized electric vehicles will be cheaper overall to run1 than their petrol equivalents from 2026 according to a new BEUC study released today. Small vehicles will follow as of 2027.