Over time, battery packs can lose capacity and may not be able to recharge to the same level as they could when new. Thankfully, most new EVs come with long warranties.
Just like the batteries found in your smartphone, tablet, and laptop, electric car batteries must charge to recover lost energy. The battery capacity, range, and energy density vary from vehicle to vehicle, and with the size of the battery pack. Electric cars are given a range estimate when new, which is the number of miles they can travel on a single charge.
If you own an EV and own your home, you might consider installing a home charging station. This can cost as little as a few hundred dollars, but can also cost quite a bit more than that for the most elaborate and robust systems with accompanying EV charging equipment. The cost to charge an electric car at home is likely less than you think.Alternative Fuels Data Center
Even doubling the cost of electricity would still mean the price of charging an EV is less than a fuel fill up. Like the recharge costs that come along with owning an EV, gasoline costs fluctuate from time to time.The dollar amount of gas costs will likely remain much higher than electricity over time. Everyone from the U.S.
On the flip side, some electric vehicle owners report burning through tires at an increased rate, due to the instant torque and exhilarating acceleration that an electric car offers.Depreciation and longevity should also be on the minds of electric car owners. Electric vehicles tend to cost more than their gas-powered counterparts, but over time they have shown a tendency to lose value more quickly. Some electric cars have lost as much as 70 percent of their value over a five-year period.
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