The Real Costs of Electric Car Ownership

When it costs up to $100 to fill a petrol tank yet just $10 to charge an electric car, purchasing an EV may seem like the logical decision.

However, EV economics are hard, and you must be knowledgeable

about a variety of unexpected aspects before you can take on the oil firms.

To drive an EV, you must first purchase one, which might be an expensive prospect. 

Even if you buy a very inexpensive EV, live in an area with cheap power, and constantly charge at home, 

it will take you many years to merely break even, as my CNET Cars colleague Craig Cole calculates here.

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