Even with the current energy prices, that seems an awful lot to charge a PHEV, just under £1300 per year.

Surely that can't be right?

Well walking is not free either Cost of boots £60.00 average distance covered 30miles per week. Boots last about 6months if lucky before down to minimum tread and you can feel every stone so it costs about 8p a mile. To this you can add cost of rain weather gear and extra food to top up the dog. The dogs pads don't seem to suffer wear so may be the tyre companies are missing a trick or two

That's not quite accurate. Charge rate is dependant on A) what the charge point can provide, and B) what the vehicle can take. A hand shake is performed on first connection to establish what power it will charge at.

Very similar to how a USB device will charge at the fastest rate that it and a USB charger will allow, once they have performed their hand shaking and established the power limits of one another.

Chartered accountant - realised early on that money (reality) often comes second to emotion - status, self-esteem, social recognition, religion, environment, morality etc etc.

Two examples - setting up a joint venture in India our partner (a wealthy businessman) was motivated by the social kudos of employing more staff, not profit. In Saudi Arabia another JV partner was motivated by becoming the largest industrialist (outside the oil industry) in the country.

I really don't understand this. The rich become bored with their lives swanning around with their rich friends and look for other ways to get some fulfilment in life. The rest of us go to work every day because we have to!

From what I’m reading, surely with electricity prices leaping x 4 in some instances-it’s better to do the electric car sums very carefully….caution is needed. Another point-if charging at home you might have to change/update your fuse box ( an added cost-not cheap)

Petrol and diesel costs have all increased as well though. Also people don't have to go electric just because it's a cheaper fuel, they may just want an electric car.

Whatever fuel and its cost you have to buy the vehicle to start with which for most is becoming increasingly impossible. The price increases started before covid and for some new cars 30 or 40% has happened in 2 years and with long waits.. The UK is becoming saturated with cars and there is even more reason to look at public transport HS2 excluded.

As regards EVs there seems to be little progress in the range offered to buyers and the charging network not good enough so petrol for me and hanging on to the present car for quite a while yet.

The cost per KWh for home consumption is ~30p. A typical EV will do 3-4 miles per KWh - a cost 0f 7.5-10.0p per mile.

Away from home the supplier provides parking bays, maintenance, payment systems, investment, etc + profit. Possibly premium for charger speed, convenience and availability.

This is little different to petrol or diesel, although the differential is obscured by tax and duty. Locally (Somerset) petrol is 170p (m/way) and 157p (Sainsburys) 3 miles away.

Duty at 58p + petrol from the refinery at ~60p + VAT at ~27p per litre are similar wherever the fuel is sold. The retailers is left with ~12p (Sainsburys) to ~25p (m/way) - about double.