Owning an electric vehicle in Europe could be cheaper than you think, new research shows

New research suggests the cost of owning and running an electric vehicle in Europe has never been more affordable. Image: Unsplash/myenergi

Stefan Ellerbeck
Senior Writer, Formative Content
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Standard mid-size electric vehicles are cost-competitive in 19 out of 22 surveyed countries.
Standard mid-size electric vehicles are cost-competitive in 19 out of 22 surveyed countries. Image: LeasePlan.
A graphic showing battery electric vehicles have higher initial investment but lower running costs.
Fuel costs are significantly cheaper for battery electric vehicles compared to other vehicles. Image: LeasePlan.

How is the World Economic Forum promoting sustainable and inclusive mobility systems?

A bar chart showing electric car registrations and sales in different regions from 2016-2021.
85% of EV sales were in China and Europe in 2021. Image: IEA.

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Related topics:
MobilityAutomotive IndustryElectricity
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