15 Jul 2024
Electric Cars bring numerous advantages to both individuals and the environment.
One of their primary advantages is that EVs offer lower operating costs compared to conventional vehicles. Electric cars have fewer moving parts, reducing the need for frequent maintenance and oil changes. Please refer to the table below:
Cost per Kilometer | Annual Mileage | 1 Year Cost | 2 Year Cost | |
Gasoline Car | $0.11 | 100,000 km | $11,000 | $22,000 |
Electric Car | $0.014 | 100,000 km | $1,400 | $2,800 |
Cost Savings | $9,600 | $19,200 |
After comparing the costs between gasoline-powered and electric vehicles, we found that over a distance of 200,000 kilometers, the total cost of the electric vehicle is $19,200 less than that of the gasoline-powered car. In the case of operating a fleet of vehicles, given the possibility of achieving this mileage within two years, the cost-saving effect will be even more pronounced.
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