Latest news with #SofiaSanchez
Wales Online
02-06-2025
- Automotive
- Wales Online
Economist says drivers could save up to £8,350 with one switch
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Drivers are in the dark about EV charging costs, with only 4% knowing they could charge an EV at home for less than the price of a latte, according to new research. Data shows the average driver thinks EV at home charging is 10 times pricier than it could be, with almost two thirds admitting they have little to no knowledge about EV charging costs. UK drivers spent an average of £48 on petrol the last time they filled up their tank, with over three quarters reporting worry about rising fuel costs. Over half drive less than they used to due to the cost of petrol. To make a point, Next, opened EVerything £2.70, a grocer that only stocked items worth £2.70, the same price drivers could be paying to fully charge their EV overnight at home. The store included a range of goods with a £2.70 price tag, such as four fifths of a shop bought coffee, one and a half loaves of bread, just under half a pack of toilet rolls and three quarters of a box of cereal. Next partnered with economist Dr Sofia Sanchez to highlight the savings different groups of people living in the UK could make on fuel if they switched to EV. Dr Sanchez' found high-mileage drivers, such as a salesperson covering 20,000 miles annually, could save more than £8,350 in running costs over three years. In the same amount of time, parents who use their car mostly for school drop-offs, supermarket runs, and short commutes could save £2,510. A professional commuting regularly to work could also see potential savings of up to £3,797 over three years travelling 30,000 miles. Dr Sanchez found lower-mileage drivers, such as university students travelling 5,000 miles, could save more than £1,600 across three years, while a retired person driving 6,500 miles in rural areas could be saving over £3,500. Jean Coleman, Director of Commercial at Next, said: 'There are common misconceptions when it comes to the costs associated with running electric vehicles, which is why we wanted to highlight the potential savings through our EVerything £2.70 experience. 'As more people in the UK look at ways to lower their energy bills and reduce impact on the environment by switching from fuel to electric, there are now means to achieve both. We want to help people get the best value as part of the UK's transition to clean energy and empower our customers with innovative tariffs.'
Scotsman
19-05-2025
- Automotive
- Scotsman
Charging your car overnight costs less than a coffee
Brits could save more than £45 each time they fill up their car by switching to an electric vehicle (EV). Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... UK drivers spent an average of £48 on petrol the last time they filled up their tank compared with the £2.70 it could cost them to fully charge an electric vehicle overnight, according to the latest research. However, the nation is still in the dark about EV charging costs, with only 4% of drivers knowing they could charge an EV at home for less than the price of a latte. The £2.70 figure comes from the cost of charging your car with the Next Drive EV tariff during off-peak hours, from midnight to 7am. has a tariff that allows you to charge your EV at home overnight for just £2.70, pictured concept grocery store that only sells items that usually cost £2.70. The energy firm has partnered with Manchester University economist Dr Sofia Sanchez to highlight the savings drivers could be making on fuel costs by ditching their petrol cars. Dr Sanchez' analysis found high-mileage drivers, such as a salesperson covering 20,000 miles annually, could save more than £8,350 in running costs over three years. Meanwhile, in the same amount of time, parents who use their car mostly for school drop-offs, supermarket runs, and short commutes could save £2,510. A professional commuting regularly to work could also see massive potential savings of up to £3,797 over three years travelling 30,000 miles. Her research found that even lower-mileage drivers, such as university students travelling 5,000 miles, could save more than £1,600 across three years, while a retired person driving 6,500 miles in rural areas could be saving over £3,500. Jean Coleman, director of commercial at Next, says: 'As more people in the UK look at ways to lower their energy bills and reduce impact on the environment by switching from fuel to electric, there are now means to achieve both.' With Britain in a cost of living crisis more and more drivers are struggling with the price of a tank of petrol. The research found that three quarters (77%) reporting worry about rising fuel costs. Meanwhile, over half (52%) drive less than they used to due to the cost of petrol, and half (50%) have missed out on a special event or family outing because they couldn't afford to fill up their car. To get the message across about the potential savings, Next has even opened the first of its kind grocery store in Central London. The EVerything £2.70 store only stocks items worth £2.70, the same price drivers could be paying to fully charge their EV overnight at home with the Next Drive tariff. The pricing structure means it stocks odd items like four fifths of a shop bought coffee, one and a half loaves of bread, just under half a pack of toilet rolls and three quarters of a box of cereal. Coleman adds: 'There are common misconceptions when it comes to the costs associated with running electric vehicles, which is why we wanted to highlight the potential savings through our EVerything £2.70 experience.
Daily Mirror
17-05-2025
- Automotive
- Daily Mirror
Exactly how much charging an EV costs as Brits stung with soaring petrol costs
The average Brit believes home charging an EV is ten times more expensive than it actually is, while 65 percent admit to having little or no knowledge of the costs involved Charging an electric vehicle (EV) at home in the UK is actually far cheaper than most people think it is, with research released in May 2025 showing that only four percent British drivers realise they could fully charge their EV for less than the price of a cup of coffee. To help clear these misunderstandings up, Next has introduced a novel concept in central London — a grocery store called EVerything £2.70, where every product is priced at exactly the eponymous £2.70, which is the same amount a driver could pay to fully charge their EV overnight at home using the Next Drive tariff. This initiative aims to illustrate that charging an EV at home can be as affordable as everyday purchases such as a cup of coffee, loaf of sourdough bread or four-pack of premium toilet paper. Director of Commercial at Next, Jean Coleman, said: 'There are common misconceptions when it comes to the costs associated with running electric vehicles, which is why we wanted to highlight the potential savings through our EVerything £2.70 experience. 'As more people in the UK look at ways to lower their energy bills and reduce impact on the environment by switching from fuel to electric, there are now means to achieve both. "We want to help people get the best value as part of the UK's transition to clean energy and empower our customers with innovative tariffs like Next Drive.' The contrast in costs is striking, with data showing the average UK driver spent around £48 the last time they refuelled their petrol car — potentially more than 17 times the cost of a full EV charge at home with the Next Drive tariff. With petrol prices remaining high, over half of Brit drivers (52%) said they were driving less, while many even missed family gatherings or special occasions because they couldn't afford to fill up their petrol tanks. Other tariffs on the market, some as low as 6.7p per kWh, support similar savings. At these rates, drivers can add approximately 60 miles of range for just £1, making the cost of running an EV far less than that of a petrol vehicle. Over time, these savings add up significantly. Economist Dr Sofia Sanchez's research shows that a high-mileage driver, such as a salesperson covering 20,000 miles annually, could save more than £8,350 in running costs over three years by switching to an EV. Even drivers with lower mileage, such as parents doing school runs or retirees living in rural areas, can save thousands over the same period. For example, a university student driving 5,000 miles a year could save over £1,600 in three years, while a retired person driving 6,500 miles could save more than £3,500. Despite these clear financial benefits, many misconceptions remain, with more than a quarter of UK drivers mistakenly believing that charging an EV at home costs more than petrol, even though EV running costs are currently about half those of both petrol and diesel vehicles. In reality, charging an EV at home can cost as little as 2p per mile, compared to roughly 15p per mile for a petrol car. While installing a home EV charger requires an initial investment, typically between £400 and £1,500, government grants can help reduce these upfront costs. But once installed, the ongoing savings quickly make up for the initial expense, especially for those who drive regularly.
Yahoo
15-05-2025
- Automotive
- Yahoo
Not a latte people know this: Charging your car overnight costs less than a coffee
Brits could save more than £45 each time they fill up their car by switching to an electric vehicle (EV). UK drivers spent an average of £48 on petrol the last time they filled up their tank compared with the £2.70 it could cost them to fully charge an electric vehicle overnight, according to the latest research. However, the nation is still in the dark about EV charging costs, with only 4% of drivers knowing they could charge an EV at home for less than the price of a latte. The £2.70 figure comes from the cost of charging your car with the Next ( Drive EV tariff during off-peak hours, from midnight to 7 am. The energy firm has partnered with Manchester University economist Dr Sofia Sanchez to highlight the savings drivers could be making on fuel costs by ditching their petrol cars. Dr Sanchez's analysis found that high-mileage drivers, such as a salesperson covering 20,000 miles annually, could save more than £8,350 in running costs over three years. Meanwhile, in the same amount of time, parents who use their car mostly for school drop-offs, supermarket runs, and short commutes could save £2,510. A professional commuting regularly to work could also see massive potential savings of up to £3,797 over three years travelling 30,000 miles. Her research found that even lower-mileage drivers, such as university students travelling 5,000 miles, could save more than £1,600 across three years, while a retired person driving 6,500 miles in rural areas could save over £3,500. Jean Coleman, Director of Commercial at Next, says: "As more people in the UK look at ways to lower their energy bills and reduce impact on the environment by switching from fuel to electric, there are now means to achieve both." With Britain in a cost of living crisis, more and more drivers are struggling with the price of a tank of petrol. The research found that three-quarters (77%) worry about rising fuel costs. Meanwhile, over half (52%) drive less than they used to due to the cost of petrol, and half (50%) have missed out on a special event or family outing because they couldn't afford to fill up their car. To get the message across about the potential savings, Next has even opened the first-of-its-kind grocery store in Central London. The EVerything £2.70 store only stocks items worth £2.70, the same price drivers could be paying to fully charge their EV overnight at home with the Next Drive tariff. The pricing structure means it stocks odd items like four-fifths of a shop-bought coffee, one and a half loaves of bread, just under half a pack of toilet rolls and three-quarters of a box of cereal. Coleman adds: "There are common misconceptions when it comes to the costs associated with running electric vehicles, which is why we wanted to highlight the potential savings through our EVerything £2.70 experience. "We want to help people get the best value as part of the UK's transition to clean energy and empower our customers with innovative tariffs like Next Drive."
