All idiotic statements

“EVs are too expensive”

Verdict: False

While it's true that purchasing any new vehicle is going to be a costly endeavor, long-range electric vehicles actually cost less than the average internal-combustion engine vehicle.

The sourced answer

While it's true that purchasing any new vehicle is going to be a costly endeavor, long-range electric vehicles actually cost less than the average internal-combustion engine vehicle. The five-year total cost of ownership of a financed EV is significantly less expensive than an ICE vehicle, and the same can be said for three-year leasing.

Sources

• Bloomberg
• Auto News

Run your own numbers

Averages don't drive your car. Plug in your miles, your gas price and your local electricity rate and see what an EV would actually cost you.

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Go deeper on the blog

• How Long Do EV Batteries Last, and What Does a Replacement Cost?
• How Much Does It Cost to Install a Home EV Charger?
• Are Used EVs Cheaper Than Gas Cars? What the Data Says

More idiotic statements, fact-checked

• “EVs are expensive to maintain” (False)
• “Replacing an EV battery costs $25,000” (False)
• “EVs start on fire often” (False)
• “EV batteries don't last long” (False)

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