Costs of electric vehicles in the US
October 21, 2011
There is a growing interest in electric vehicles (EVs), with many vehicles now being offered and planned for future release. During difficult economic times, the vehicle’s cost will motivate mass adoption of electric cars.
There are a number of ways to determine EV costs. This includes long-term maintenance, resale value, and insurance rates. A higher purchase price has to be balanced against lower operating costs. What can be calculated with good accuracy is the cost in electricity per month.
The electrical cost of an EV is determined by the cost of local electricity rates, how often the vehicle is driven and what type of vehicle is purchased.
For more information see: Electric Vehicle: Cost of Electricity
