1. Costs: Are electric cars still more expensive than petrol or diesel models?
Use smart apps to easily compare different charging cards.
The purchase prices for electric cars are still higher than the equivalent conventional vehicles, mainly because it is more expensive to make high-performance batteries. The good news is that governments and carmakers in some countries are providing more financial support than ever before to electric car purchasers.
In Germany, for example, electric cars with a net list price of up to €40,000 may be eligible for an innovation premium of €9,000. This can be backdated for any vehicles registered on or after 4 June 2020 until 31 December 2021. The German coalition government has agreed on it; the European Commission is yet to approve it.
There are also tax incentives in Germany: Owners of electric cars registered this year will pay no tax on their vehicle for a 10-year period. Moreover, recharging gives electric cars a major advantage. If you refuel with electricity, you will make substantial savings in the long term compared to the cost of petrol and diesel. And these low costs will be even lower if you have your own solar power source. Another financial benefit is maintenance costs – electric cars are said to cost drivers 60% less in this regard. After all, electric cars have far fewer components that can break and there is no need to change the oil or perform emissions tests.
Tip: You can select public charging stations and compare prices at chargeprice.app.
Yes, purchase costs are higher. But in the long run you are financially better off with an electric car rather than a fuel-powered car.