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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

They are newer to the road, so it was hard to know, for instance, their historic needs for maintenance over their operational life. The study finds, for example, that battery electric vehicles have maintenance costs 40% lower than ICE vehicles. Battery electric vehicles, meanwhile, will reach cost parity as battery prices drop.

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Solving the Electric Vehicle Charging Conundrum

Cars That Think

But as of this spring, the average new vehicle sold in America—across everything from large pickup trucks to small economy hatchbacks—the average transaction price was $42,000. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. So that's what it takes.

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Solving the Electric Vehicle Charging Conundrum

Cars That Think

But as of this spring, the average new vehicle sold in America—across everything from large pickup trucks to small economy hatchbacks—the average transaction price was $42,000. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. So that's what it takes.