Motorists poised to ditch petrol vehicles as electric car prices drop due to Labour grants
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Electric cars have become cheaper than petrol vehicles in the UK for the first time, according to new figures from Auto Trader.
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The latest data revealed the average price of a new electric car is now £42,620, compared to petrol cars costing around £43,405, with drivers able to save around £785.This marks a major turning point for the car market, where electric vehicles have long been seen as the more expensive option.
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Experts explained how a mix of Government support and heavy discounting by manufacturers has helped close the gap.
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TRENDING Stories Videos Your Say Car makers have been cutting prices on electric vehicles at record levels.
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Discounts reached 12.8 per cent in March, the highest on record.
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