What are the costs and benefits of electric vehicles? The benefits and costs depend on driving needs, charging availability, and other factors. The EVolution tool is here to help teach you about all of those important factors.
So, what are the benefits and costs of owning an electric vehicle?
Better Energy Efficiency
Saves Money on Fuel
Better for the Environment
Get the info on electrified powertrains – hybrid, plug-in hybrid, range-extended-electric, and all-electric – from smallest to largest electric motors and battery packs.
HEVs are powered by a gasoline or diesel engine, and an electric motor that receives energy from a battery. The battery is charged through regenerative braking, not by plugging in.
PHEVs and BEVxs are similar to HEVs in that they include both a gasoline engine and an electric motor with a battery, but they have larger batteries that can be recharged by plugging into an electric outlet. They can be powered by either gasoline or electricity alone.
Battery Electric Vehicles with Range Extender (BEVxs), also contain both a battery and a gas engine, but the engine provides extra range to the vehicle once the battery pack is depleted.
BEVs are powered solely by a large battery; they only run on electricity. BEVs are charged by being plugged into an electric power source. Both BEVs and PHEVs can be plugged into an electric outlet; together, these powertrains can be referred to as plug-in electric vehicles (PEVs).
Learn more about the costs and benefits of EVs. With EVOLUTION, you can compare up to two EVs with a conventional gasoline vehicle. After selecting which type of vehicle you’re interested in and telling us about your driving habits, you can find out more about how EVs stack up against conventional gasoline vehicles.