An Electric Vehicle Compare Can Help Buyers Find a Model That Fits Their Lifestyle and Budget

EVs have lower annual fuel and maintenance costs than their gas-powered counterparts, but upfront prices can be steep. Using an electric vehicle compare can help drivers find a model that fits their lifestyle and budget. URL ev.com

Often, shoppers first consider how far an electric car can go on a single charge when comparing models. However, range can be significantly affected by weather and driving habits. Moreover, all batteries degrade over time. For these reasons, experts advise that drivers consider other factors in their EV compare when deciding between models.

One of those other factors is a model’s efficiency rate, which is expressed as how many kilowatt-hours (kWh) it consumes to travel 100 miles—similar to a gas-powered car’s miles-per-gallon rating. EVs with the highest efficiency rates—like the 2023 Hyundai Ioniq 6 and Chevrolet Bolt EUV—drive farther for less money.

Electric Vehicle Compare: An In-Depth Analysis

Moreover, EV owners save on maintenance costs as well because they have fewer mechanical components to replace. This is why research shows that, on average, an EV driver can save $632 per year in operational expenses over the life of a gasoline-powered model. These savings can more than offset a higher upfront price tag for an electric vehicle. In fact, some studies even show that EVs can achieve cost parity with their gasoline-powered counterparts within just a few years after entering the market.