ELECTRIC CAR COST

Photo: Ernest Ojeh

Electric cars may actually save drivers money in the long-run. Lower maintenance costs and charging costs compared with gasoline prices tend to offset higher upfront prices over time. Battery-electric engines have fewer breakable moving parts compared with gas-powered engines and don’t require oil changes. They also use regenerative braking, which reduces wear and tear. Moreover, new technologies to reduce exhaust emissions are making traditional cars more expensive than they were.

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