Cost Per Mile of Driving an Electric Vehicle – If we talk about electrical vehicles (EVs) they are getting very popular all over the world, because EVs are more sustainable mode of transportation. when someone think about to buy a electrical vehicles the first crucial aspect which arises is cost per mile of driving an electric vehicle. Here we will discuss about the parameters on which Cost Per Mile of Driving an Electric Vehicle depends and economics behind owing an electrical vehicle.
Understanding cost per mile of driving an Electrical Vehicle
Understanding EVs cost
we all know very well that the upfront cost of an electrical vehicle is more than the traditional combustion engine vehicle. But this initial high investment cost for an electrical vehicle offers long term saving. An EV owner always stays away from the higher fuel costs. EV owner enjoys the low maintenance expenses, tax incentives or rebates.
Calculating Cost Per mile of driving an electric vehicle
Cost per mile of driving an electric vehicle is depends upon the various factors like the cost or electricity, vehicle maintenance cost, depreciation and potential incentives. Main factor on which we measure cost per mile is electricity. Cost Per Mile of Driving an Electric Vehicle directly depends upon cost of per kwh and energy efficiency of the vehicle. The average cost of per Kwh of electricity in USA is 15.45 cents.
Calculation of per mile cost
Electricity cost per Kwh = 15.45
Energy efficiency of Ev = 3 miles per Kwh
So the cost of per mile is = 15.45/3 = 5.15 cents .
Maintenance cost
The maintenance cost per mile of driving an electrical vehicle is very low as compare to the traditional vehicles. Traditional or gasoline engine vehicle have many rotating parts which helps to operate the vehicle. But in electrical vehicle their are only few rotating parts which lowers the maintenance cost of the vehicle. Others benefit of the electrical vehicle is it charges itself with the help of regenerative braking system.
Conclusion
Cost per mile of driving an electrical vehicle depends upon the cost of the electricity, energy efficiency and maintenance of the electrical vehicle. Cost of per Kwh of electricity varies from country to country so the cost per mile changes from place to place and season to season. Only the initial purchasing of the electrical vehicle is more but its all other expenses are less than the traditional vehicles there are many other benefits of EVs
Here we discussed the cost per mile of driving an electrical vehicle. We hope you like the discussion. If you have any questions or doubts please feel free to contact or comment on us. For more articles like this visit our website nirnit.com
FAQ
Q1: What is the cost per mile of driving an electric vehicle (EV)?
Ans. The cost per mile of an electric vehicle depends on several factors such as electricity rates, energy efficiency of the vehicle and maintenance cost of the vehicle. If we assume that the cost of electricity per kilowatt hour is 15 cents and the energy efficiency of the EV is 3, then the cost per mile will be 5.15 cents.
Q2. What are the main factors influencing the cost per mile of driving an EV?
Ans. The main factor is cost of the electricity, Energy effect of the EV, maintenance cost and the driving habits of the driver.
Q3. Does the cost per mile of driving an EV vary depending on where you live?
Ans. Yes, it depends on your location as electricity rates vary from place to place.
Q 4. Are there any disadvantages to driving an EV in terms of cost per mile?
Ans. The operating costs of EVs are significantly lower than conventional vehicles, but the purchasing cost is significantly higher in case of electric vehicles.
Q5. What is the projected future trend for the cost per mile of driving an EV?
Ans. In the future, due to the continuous development of technologies, its production cost will decrease and certainly its initial cost will be equal to that of conventional vehicles. And the cost per mile will be less.