According to data collected in JD Power's E-Vision Intelligence Report, over a 5-year period, the vehicle ownership cost of a premium EV is $287 more than its equivalent ICE-powered models. However, the price difference is significantly higher for mass-market vehicles.
Key Findings Premium EVs Far More Affordable than Mass Market EVs, on Relative Basis: The extra cost that premium automobile buyers are paying to own an electric vehicle (EV) vs. a comparable internal combustion engine (ICE) vehicle is significantly lower than that paid by mass market buyers.
Pete Buttigieg Admits Challenges With EV Charging Amid Reliability Concerns theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.