Cost of Owning an Electric Car VS Gasoline Car

Compare to the cost of buying a gas-powered vehicle, the cost of purchasing an electric vehicle may seem relatively high at first. Still, the cost of charging EVs is a tiny fraction of the cost of gas for a gasoline counterpart. Also, EVs require less maintenance due to fewer moving parts. Gas-powered vehicles do seem to be better valued at purchase, but their long-term fuel and maintenance costs can mount up to something huge. However, EVs aren’t without expenses, and the most significant possible maintenance expense for an electric vehicle is a replacement battery pack which is expensive. But the vast majority of EV owners won't even have to replace their car's battery.