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Browsing the "electric car costs" Tag

Want To Buy A New Car For Free In 10 Years? Buy An Electric Car Today

September 30th, 2018 | by Michael Barnard

The report is another data point showing that a family's total cost of ownership of electric cars is better than for gasoline or diesel vehicles. And with all of the other benefits — including health, much lower greenhouse gas emissions and typically greater safety — it's not hard to see that the shift to electric cars will only accelerate


UBS: Chevy Bolt Powertrain $4,600 Cheaper Than Thought, Tesla Model 3 Likely To Be Profitable

May 20th, 2017 | by Steve Hanley

Analysts for UBS have torn apart a perfectly good Chevy Bolt to see how it is put together. What they found led them to make this rather startling announcement: the “total cost of consumer ownership [of electric cars] can reach parity with combustion engines from 2018." Notice that doesn't mean an electric car and a conventional car will cost the same to buy new. It means they will cost the same to own, figuring in maintenance, cost of fuel, insurance, and all the other factors that are part of the total cost of ownership



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