TaxiPoint
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Electric taxi running costs could beat petrol as new UK figures reveal public charging savings, but rapid chargers remain more expensive
ChargeUK analysis shows electric vehicles using an 80% standard and 20% rapid public charging mix now cost 16.43p per mile to power, compared with 18.58p for petrol and 18.33p for diesel, a saving of approximately 2.15p per mile or £152 over 7,100 annual miles. Standard public charging averages 54p per kilowatt hour (15.04p per mile), while rapid and ultra rapid charging costs 79p per kilowatt hour. The figures are particularly relevant to taxi and private hire operators assessing vehicle replacement costs, though the mileage assumption is based on general motoring rather than professional passenger transport.
Why it matters
The data provides procurement teams and charge point operators with updated cost benchmarks that could influence fleet electrification decisions in the taxi and private hire sector, where operating cost parity with petrol is a key adoption threshold. The substantial price gap between standard and rapid charging (54p versus 79p per kilowatt hour) highlights the commercial importance of depot or slower public charging infrastructure for high mileage commercial users.