I've owned an Electric Car now for 2 years and over that period I have lost an incredible amount of money and owning an EV has left me in negative equity. Since Rishi Sunak announced that the ban on pure-petrol and diesel cars is being pushed back to 2035, which he says is “pragmatic, proportionate and realistic”, easing the burden on motorists during the cost of living crisis and aligning the UK with targets in other countries. It has now devalued the price of Electric Cars significantly and also made insurance premiums increase beyond belief, some insurance companies are even refusing to insure Electric Cars as they have been prone to catch fire and are significantly more expensive to repair. Join me on my journey and I'll tell you how much my Electric Car has devalued and also how much my Insurance is now quoting me.

#electriccar #electricvehicle #electriccars2023 #motoring #cars

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