24 Dec '12, 5pm

Study: EVs 35% Cheaper To Maintain Than Comparable Cars

Study: EVs 35% Cheaper To Maintain Than Comparable Cars

The German study found that on average, EVs, cost about 35% less to maintain over an 8 year period of ownership, which is about on par with how long the average car buyer keeps their vehicle. Critics say the study doesn’t take into account battery pack replacement, but considering that there hasn’t been any EV on the market that long, it is hard to say whether or not that will be an issue yet. With battery pack prices predicted to come down quite a bit in the next few years, it is hard to make an accurate comparison of battery replacement costs right now.

Full article: http://gas2.org/2012/12/24/study-evs-35-cheaper-to-mainta...

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