Our mission was to bring you a truly affordable electric car.
Economical car benefits
An electric vehicle is one of the most economical car types and brings several economic benefits:
- Fuel cost
A C-Zero owner never needs to visit a fuel station again. The car can be simply plugged in and re-charged for as little as £1.50 for 93 miles. A similar sized petrol car would cost approximately £60 to fill with fuel. This means that the ‘fuel’ cost equals to 2 pence per mile approximately for a C-Zero versus 11 pence per mile approximately for a petrol car.
The UK Government wants to be at the forefront in terms of supporting the introduction of Electric vehicles. As a result the Government has created a range of financial incentives, including a number of tax breaks, to encourage the early uptake of this new technology:
- Vehicle Excise Duty (Road Tax) Exempt
Your electric car is tax exempt! Electric vehicles are exempt from annual Vehicle Excise Duty (Road Tax) - Plug-incar grant From January 2011 the Office for Low Emissions Vehicles (OLEV) will make a government grant available towards the cost of buying a new electric car. The electric car grant will be 25 per cent of the cost of the car, to a maximum of £5,000. This £5,000 grant will be available to all buyers of the Citroën C-Zero.
- London Congestion Charge Exempt
As a fully electric vehicle C-Zero qualifies for a 100% discount on the London congestion charge. This discount is worth up to £2,000 per year (200 working days x £10 charge per day from Jan 2011)
- Electric car parking prices
Many London Boroughs and some towns offer significant discounts for electric vehicle parking. For example in the London Borough of Hackney a 100% price discount applies this would save a C-Zero driver £1,750 per year.
In addition for business users there are also further financial incentives to run an electric car such as Benefit In Kind electric car tax exemption and 100% first year Capital Write Down Allowance.