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33Long-term maintenance costs show benefit of electric vehicles over ICEs

maintenance costs, vehicle ownership costs, lifecycle ownership costs, electric cars, electric vehicles, evs, internal combustion engines, gasoline power engine

The sticker prices for electric vehicles in the US market, even when federal tax incentives and state and local rebates are factored in, are usually significantly higher than fuel-efficient small cars. Still, if you're looking at total lifecycle ownership costs, the fuel savings are very good for electric vehicles compared to gasoline- and diesel-powered competitors. Another number to look at on the lifecycle cost sheet is maintenance, where EVs win big.

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