If you're buying outright, then electric vehicles are more expensive. The upfront cost can be quite a lot higher than petrol or diesel, but remember to include the cost of tax, insurance, servicing and fuel in your final budget.
Subsequently, one may also ask, do you really save money with electric cars?
Find out more at www.energy.gov/eGallon. Plug-in electric vehicles (also known as electric cars or EVs) can save you money, with much lower fuel costs on average than conventional gasoline vehicles. Electricity is less expensive than gasoline and EVs are more efficient than gasoline vehicles.
Furthermore, why electric cars are expensive?
The additional cost of buying an electric car instead of a conventional one primarily comes from the battery. Important reasons for this are the raw materials used in the battery as well as the expensive processes involved in battery production.
How much more is electric bill with electric car?
If electricity costs $0.11 per kWh and the vehicle consumes 34 kWh to travel 100 miles, the cost per mile is about $0.04. If electricity costs $0.11 per kilowatt-hour, charging an EV with a 70-mile range (assuming a fully depleted 24 kWh battery) will cost about $2.64 to reach a full charge.
What is bad about electric cars?
Electric cars have some disadvantages, such as: Electric cars rely on electricity, which in some areas is mainly generated by fossil energy, which can also generate pollution, or by nuclear power.