Average Costs of Electric Vehicles

Why EVs Are So Cost-Effective

Lower Energy Costs

The price of gas is volatile, with all sorts of economic factors influencing what drivers pay at the pump. Because fossil fuels are a finite resource that continues to be depleted with every passing year, this price will likely continue to increase moving into the future, especially in times of global unrest and uncertainty.

EVs help your financial standing by allowing you to depend less on the volatile fuel price. Hybrids achieve greater fuel efficiency than their fully gas-powered counterparts by augmenting their capability with electric power, allowing you to get more value for each tank of gas. Fully-electric vehicles take this to the next level, allowing you to skip visits to your gas station entirely.

Reduced Maintenance Needs

Combustion engines use volatile fuel sources to generate power, and heat and friction as a byproduct of this process. This excess heat and friction wear down the various components of the engine, leading to frequent and expensive repairs.

An electric engine runs much smoother than a combustion engine. The reduced friction leads to less wear and tear on the engine's moving parts, meaning your vehicle will require less maintenance to keep running the way you expect.

Lower Carbon Footprint

When you lower your carbon footprint, you boost the local and global economy. Switching to renewable technology adds jobs and protects limited resources. Cutting your carbon emissions will help ensure cleaner air, water, and food for now and future generations.