Despite recent energy price rises, electric cars can still be a good way to reduce your driving costs - but there are certain cars and companies which will help ensure you make the most of your cash when making the switch.
We spend all of our time seeking out these cars, products and people so we can help you make an informed choice about going electric, and saving money once you have.
Our Money Saving Hero Awards Car of the Year goes to the new MG4.With a starting price of under £26,000, the car was praised for its premium feel and seven-year warranty, despite costing less than the cheapest petrol-powered Ford Focus.
As well as receiving the overall Money Saving Car of the Year award, the MG4 also collected the Money Saving Small Family Car honour.
Kia’s e-Niro took the ‘Money Saving Used Electric Car’ award - one of three prizes for the Korean car maker. The car has been a best-seller in recent years, and the judges noted that because of this, there are now plenty of used models on the market. Not only this, it is also a practical, efficient and affordable family SUV with a long seven-year warranty.
MG4 is our overall champ
The Money Saving Hero of the Year award was picked up by Octopus Energy’s Founder and CEO Greg Jackson, who was hailed by the panel for his involvement in the introduction of the Octopus Go and other intelligent energy tariffs. The cheap night-time rate on these tariffs can save electric car drivers hundreds each year.
The Ford e-Transit was awarded the Money Saving Van of the Year award. The electric version of the UK’s most popular van, often called “the backbone of Britain” was praised for its low running costs and uncompromised payload. Our experts believe electric vans will be pivotal in decarbonising the UK’s transport system.
At the smaller end of the scale, the MINI Electric scooped the Money Saving Urban Car award; mainly due to its keen price. With a starting price of £29,000, it is one of only three electric cars which are available for under £30,000. Its quality and fun-to-drive nature more than make up for its shorter range, meaning it’s ideal as a town car for getting from A to B.
The Kia EV6 is the recipient of the Money Saving Large Family Car of the Year Award. Our judges were torn between it and the Skoda Enyaq, but the Kia finally won on points due to its faster charging speeds and real-world efficiency.
Even the Kia can’t match the remarkable efficiency of the BMW i4, which scooped the Best Premium Car award, hailed for its excellent drive and ability to convert the biggest of electric sceptics. Although it is a pricey car to buy outright, Our spreadsheets show that a company car driver could save almost £5,000 a year in tax by switching from a petrol-powered 3-Series.
Kia is our cash-saving brand of the year, and the EV6 is best large family car