Because of the rise in fuel prices this year, it is now cheaper to run an electric vehicle than a fuel vehicle in nearly all countries across Europe, according to LeasePlan data. Even though battery-powered vehicles have turned out to have reduced operating expenses, they are nonetheless more costly to purchase than fuel-powered vehicles.
The costs of owning, operating, and maintaining battery-powered vehicles eventually equal those of gasoline-powered vehicles. This is seen as a critical turning point that could result in…
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