Total Cost Of Charging an EV

Making a car starts with raw materials being extracted, refined, transported, and manufactured into several components. Then, the different parts are assembled to produce the vehicle itself. 

This process is very much the same in both conventional and electric vehicles. Within the manufacturing process, electric vehicles will produce more global warming emissions than the average gasoline vehicle. 

Why is this? 

Electric cars store energy in large batteries that have high environmental costs. This happens because these batteries are made of rare earth elements like lithium, nickel, cobalt, and more than only exist beneath the Earth's surface. The larger the batteries, the more extensive the range of an electric vehicle. 

A whole different energy experience  

Nevertheless, at the end of the manufacturing process, and once these EVs get on the road, they generate much lower carbon emissions than other kinds of cars, resulting in smaller carbon footprint than gasoline-powered vehicles. 

Cost of Electricity 

The total electricity cost of an EV is much more stable than the cost of gasoline. However, it varies tremendously in many various elements. 

EVs typically come with the ability to charge at home on standard household currents, with 120- to 240-volt circuits. 

Assuming you have a garage or access to the power grid. Charging an electric car at home is the most convenient and cost-effective way to recharge your vehicle. It will cost approximately $10.50 to keep your EV fully charged. 

However, before charging your EV at home, you should first handle the equipment cost, ranging from $200 to $1,500, and installation for $800 to $1,300, and more. 

It is cost-saving compared to traditional cars. It might seem complicated at first, but after everything has been set up, you will reap the benefits of seamlessly driving your EV.