Electric Cars Cost Per Mile

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Electric Car Cost Per Mile

EV Cost Per Mile Analysis With The Fiat 500e
See how much it costs per mile to drive 277 electric cars. See the average and lowest cost per mile, along with 6 simple and quick ways to reduce your cost per mile.

Here youll find the cost per mile for 277 electric cars.

If youre looking for the cost per mile of a specific electric car, simply hit Ctrl + F or Cmd + F to search for a model.

Briefly, the average cost per mile for electric cars is just over 4 cents .

Continue reading to get more results, including the cost per mile results for 277 different electric car models.

Evs Offer Many Benefits Over Ice Vehicles Including:

  • Increased energy efficiency: a higher percentage of energy used to fuel an EV converts to usable energy.
  • No direct release of carbon dioxide into the atmosphere: if youre not powering your EV with clean energy, the electricity source youre using to charge it may contribute to emissions .
  • Less maintenance: since EVs dont have an internal combustion engine, the maintenance costs are often considerably lower.
  • Not impacted by rising gas prices: with gas prices at an all-time high and no expectation that theyll drop substantially, not having to pay to fill up at the pump. You will still be impacted by changing electricity rates, though. While the average American spends over $1,800 annually for gas, the average EV costs U.S. drivers $668 annually to charge.
  • May save you time on your commute: while remote work has increased substantially during the pandemic, if youre driving your EV to work, many states have carpool or high occupancy vehicles lanes that EVs qualify to use. So, you can hop in the carpool lane by yourself and avoid some traffic.

Tips For Certifying A Conversion

Officially, there are no special requirements for getting a safety certificate for an electric conversion. My experience is: provided all the original safety equipment is in place and operational, your vehicle should pass.

That said, we originally aimed to completely bypass any potential complications by having the car certified as “fit” in its original dino-burning state before we started removing the ICE-y bits. It passed with flying colours. In the eyes of the province, all was well.

That would have been the end of the certification story, except we learned after starting on the conversion that the insurance company would need to see a second inspection before it would issue a policy, because by the time the car would be ready for the road, the original inspection date would be but a distant memory. Our brilliant plan, foiled!

An inspecting mechanic has a lot of lattitude within the rules to declare a vehicle fit or unfit, so the best advice I can offer is to involve your existing mechanic from the beginning of your project.

I’ve been going to the same neighbourhood shop for years with my ICE cars. I had even told head honcho Dean what we were up to from day 1, so there was no surprise when I came back to tell him about the second inspection. He was actually pretty excited and interested in what we were doing, and was generous with his time & advice.

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What Are The Disadvantages Of Electric Cars

Electric vehicles have many advantages over traditional fuel-powered cars, such as reduced emissions and fewer maintenance costs, but they also have several drawbacks that should be considered.

One of the biggest issues with electric cars is their limited range. Most electric cars on the market have a maximum range of around 200 miles on a single charge, which can be an issue for those who need to travel further distances on a regular basis.

Recharging electric vehicles isnt as convenient as refueling with a traditional car and can take much longer, depending on the charging station used. Some chargers may take up to 8 hours or more to fully charge an electric vehicle.

Price is another issue with electric cars as they tend to be more expensive than traditional vehicles. This is mainly due to the cost of the battery and other components used in the electric cars powertrain.

Additionally, the materials used in electric cars such as lithium and other rare-earth minerals can be difficult and expensive to obtain.

Another disadvantage of electric cars is their reliance on electricity to power the vehicle. If the electrical grid goes down, so do electric cars, which can be a problem in some parts of the country where there is a risk of power outages due to severe weather.

This issue can be mitigated by owning a portable generator.

Is Charging An Electric Car Cheaper Than Gas

If I drive 15,000 miles per year, what would be the cost in electricity ...

The short answer to this question is yes! In general, charging an electric car is much cheaper than using gas. This is because electric power sources are generally much cheaper than buying gasoline, and also because electric cars are more efficient than their traditional counterparts.

Electric cars are known to have lower running costs than their petrol or diesel counterparts. They require a fraction of the amount of energy to power their vehicles, meaning their running costs are significantly lower.

On average, electric car drivers currently pay approximately $144 per year in charging costs . This is compared to the average rider spending $1,171 per year to operate a traditional vehicle .

Not only are electric cars cheaper to run, they also require much less servicing. This is due to electric cars generally having fewer parts, which require less maintenance than their traditional gasoline counterparts.

This allows owners to save significant amounts of money on maintenance costs over the long run.

Overall, charging an electric car is much cheaper than using gasoline. Not only are charging costs significantly lower, but electric cars require less servicing and maintenance, resulting in huge savings over the long run.

For example, the cost of powering an electric car for the year can be comparable to the cost of fueling a traditional car for just one month. This makes electric cars an attractive option for those looking to save money on fuel costs over time.

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What Happens If My Electric Car Runs Out Of Battery

If your electric car runs out of battery, it is important to first ensure your safety by finding a safe resting spot on the side of the road. Depending on the type of electric car you own, you will likely have access to different roadside services to help get you going.

If your electric car is equipped with range anxiety features, they will likely be activated when the battery starts to run low. Some of these features can include a map of charging stations in the area, displaying the distance in miles, and even a service to help you find a tow truck.

If your electric car does not have range anxiety support, you should call for roadside assistance, as most roadside service companies will have special tow trucks which can carry electric cars. These tow trucks will have charging points that can power up your car enough to get home or to a service center.

It is important to have a plan before heading out in your electric car. Make sure to check the range and battery life of the car beforehand, keep records of charging station locations nearby, and always carry a cell phone in case of emergency.

Is It Cheaper To Charge At Home Or At Charging Station

It depends on your location and the types of charging stations you have access to. Generally, charging at home is typically cheaper since you can take advantage of discounted electricity rates or renewable tariffs from your utility provider.

On the other hand, some public charging stations may offer free or discounted rates which could reduce the overall cost of charging. To determine the final cost of charging your car, you should research the electricity rates and discounts associated with both home and public charging.

Additionally, you may want to compare the rates of nearby charging stations to find the best deal. It may often make sense to use public stations if you can find a good bargain, but in the end it really depends on your specific circumstances.

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Insurance Cost Difference Between Electric & Gas Cars

The average insurance cost for the average American driver for an electric car in the US is $1,636, with Michigan being the most expensive state at $3,058, and North Carolina, being the cheapest at $1,014. The average cost for insurance of a gas car in the US is $1,218, with Michigan being the most expensive at $2,278, and North Carolina, the cheapest at $754. The price difference for insurance between electric cars and gas cars is, on average, $418 cheaper to insure a gas vehicle.

Electric Car Charging Cards

How much you pay for each mile of range on EVERY electric car

In addition to smartphone apps, radio frequency identification electric car charging cards are provided by some of the major UK public charging networks, such as Polar, GeniePoint, Ecotricity, Shell Recharge and ChargeYourCar. To use public charging points, you’ll need to register with a membership scheme before use.

Zap-Map can help identify which charging schemes charging points belong to. There are alternative maps you can use too, here’s a few to get you started:

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Are Electric Charging Stations Free

Electric charging stations are not always free. Some charging stations are free to use, while others require a fee. Free electric charging stations are often provided by government entities and private companies to help encourage the use of electric vehicles.

Some electric vehicle charging stations will also require the use of a membership card, subscription, or mobile app before use. If you are looking for an opportunity to charge your electric vehicle for free, you may be able to find one at a public charging station, a workplace, or at home.

Additionally, some electric vehicle charging station service providers offer discounts or incentives to those who use their services.

With No Petrol Or Diesel Bills To Worry About Are Electric Cars Really Cheaper To Run We Reveal The Cost Of Running An Electric Car

If you’re intending to buy an electric car, you’re probably expecting to save some money along the way. Well you might first need to spend a bit before you start to feel the financial benefits of an electric car, but once those savings start rolling in you might be pleased you made the initial outlay.

There’s no doubt electric cars are getting better. With each new model that arrives on the market, the bar is being pushed a little bit higher, whether it’s via improved battery range, better on-board equipment, or even just a lower price. There’s no doubt as time goes by that electric cars are becoming more and more viable as a replacement for petrol or diesel cars.

Although brand new electric cars are still much more expensive than petrol and diesel alternatives, that gap in price is gradually narrowing, and the growing availability of quality used electric cars makes them even more affordable if you’re prepared to opt for a used car.

Perhaps the biggest advancement in the electric car market is the amount of choice on offer. Where you once had the option of a Nissan Leaf, a Renault Zoe, or a BMW i3 if you were looking for a relatively affordable mainstream electric car, they have been joined by the likes of the Peugeot e-208, Vauxhall Corsa-e, Honda e, and a whole load of other more affordable and crucially more usable electric cars.

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How Does The Electric Vehicle Cost Calculator Work

  • Select the electric vehicle you are considering
  • Enter your electricity cost per kWh which can be your home electricity cost or the cost for use of a public charger
  • The calculator will provide you with expected pence per mile based on the battery kWh, the range of vehicle in total miles and your electricity cost per kWh in pence.

Now that you have a guide on the expected cost per mile from our electric car running cost calculator, is an electric vehicle the right solution for you? We explore whether having an electric vehicle is practical, whether charging is easy and which electric vehicles are best priced in our Is an electric vehicle right for me? guide.

Moving from diesel or petrol over to all electric can be quite a daunting change, we get it. Its super important that you have all the information you need before making the move, which is why we have an electric vehicle hub with lots of guides to help you make informed decsions.

In this hub you will find information around:

OSV Limited is an Appointed Representative of Automotive Compliance Ltd, who is authorised and regulated by the Financial Conduct Authority allowing us to act as a credit broker, not as a lender, for the introduction to a limited number of lenders and to act as an agent on behalf of the insurer for insurance distribution activities only.

ICO: Z1606144 Finance is subject to status.

All images are for illustration purposes only.

Cost Of Running An Electric Car Vs A Petrol Car

All

The average cost of running a 100% electric car is 11p per mile, according to the our calculations and some of the latest vehicles run at even cheaper prices.

In contrast, the average petrol car will cost you 21p per mile to drive.

That means petrol vehicles are almost twice as expensive as electric cars, despite rising electricity prices.

The size of this disparity changes depending on which model you drive, but electric cars are the clear winner.

The low cost of running an electric car is encouraging a rapidly increasing number of people to buy one.

According to our National Home Energy Survey, 17% of UK residents plan to purchase an electric vehicle in the next 12 months.

For more information on how much cheaper electric cars are in the long run, check out our Electric Vehicle Statistics page.

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Installing Charging Equipment In Your Home

EV owners may install Level 2 charging equipment in their homes for a faster charge, or opt for the Level 1 cordset provided with the vehicle as shown here.

Many EV owners are able to meet their daily driving range requirements by charging overnight with Level 1 equipment, requiring no additional cost or installation, provided that a power outlet on a dedicated branch circuit is available near their parking location. Level 2 charging equipment can be installed for drivers with less regular schedules, longer commutes, or EVs with large batteries that require more than overnight to fully charge. State and utility incentives may be available to help offset the cost of charging equipment.

Most Level 2 products have standard safety features and status lights. More advanced, “smart” Level 2 products have features such as data collection, user interface systems, enhanced displays, charging timers, communications capabilities, and keypads. Purchasing safety-certified equipment is recommended, such as the products certified under the ENERGY STAR label, which are tested by a nationally recognized testing laboratory, along with having a certified electrical contractor.

Electricians can inform homeowners whether their home has adequate electrical capacity for vehicle charging. Some homes might have insufficient electric capacity for Level 2 equipment. However, a qualified electrician can add circuits to accommodate the capacity needed for Level 2 charging.

How Much Is The Congestion Charge

As of April 2019, electric vehicles are eligible for an exemption form both the London Congestion Charge and the Ultra Low Emission Zone charge.

In order to qualify for these exemptions, drivers will need to register their electric vehicle with Transport for London at a cost of £10, which needs to be renewed each year.

The Congestion Charge zone runs every day, between 07:00-22:00 . Unregistered vehicles will need to pay £15 each day you drive within the boundary.

The Ultra Low Emission Zone, by contrast, runs 24 hours a day, seven days a week , within the same area of central London as the Congestion Charge. Most vehicles that aren’t registered will have to pay £12.50 per day. Although heavier vehicles, such as lorries, may need to pay up to £100 per day.

That means a typical daily charge for an unregistered car to drive in London is £24 per day. Register an electric vehicle today to avoid paying more than you have to.

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Which Is Cheaper To Own

So, by our calculations this makes the electric F-150 $2664 cheaper to own and operate over the first three years than its gas counterpartand thats without the tax credit. With it, its a substantial $10,164 less. The Kona Electric, on the other hand, is more costly than the gas version by $2041 without the tax credit, but $5459 cheaper with it. There can also be state and local incentives for EVs to factor in if those are available. Plus, as the years progress the lower costs of operating an electric vehicle continue to accrue.

The current hitch is that not all new EVs are eligible for the $7500 incentive. As it stands, despite manufacturers plans to manufacture EV batteries in the U.S., the vast majority of batteries out there do not meet all the requirements listed in the Inflation Reduction Act. In fact, many vehicles will not be eligible at all, because their battery includes materials from China, which controls 76 percent of global lithium-ion battery production capacity as of 2020 and is likely considered one of the bills foreign entities of concern.

Do Your Own Comparison

So is owning an EV cheaper in the long run? All signs point to possibly. Maybe. Sometimes. But as we said, at this point in time, its complicated.

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