Why can new combustion-engined cars cost their owners 1,500 lv. more than electric ones?
Delyan Dimitrov2 min read

The Energy and Climate Intelligence Unit notes that switching to an electric car brings a “rapid return on the investment made”. The analysis covered the ten best-selling petrol cars of the year — such as the Vauxhall Corsa, Mini and Nissan Juke — compared with their equivalent electric vehicles (EVs).
The price of fuel compared with charging an electric battery is the main reason for the difference in cost, but other factors were also taken into account, such as servicing the car, taxes and other charges.
Why do people find it hard to decide to buy an electric car?
The higher purchase cost of new electric cars is cited as one of the main reasons some people are reluctant to move from combustion models to electric ones. But a recent analysis by the investment bank Goldman Sachs forecasts that battery prices will fall by around 40% between 2022 and 2025 — partly because of a fall in the price of raw materials — which will narrow the price gap against new conventionally fuelled cars.
More and more families want access to electric cars and to lower charging prices. Electric car sales grow every year, which in turn will pave the way for more used electric cars to be sold in future.
That will give everyone the chance to benefit from their advantages and, in turn, to help protect the environment by reducing harmful emissions.
What ought to happen is for the government to make an effort to introduce measures and grants for more families who want to play their part in protecting the environment, along with measures relating to the price to the end customer, and to stimulate demand for electric cars by reducing the taxes and charges on them. As for maintenance, the chances of an electric car breaking down because it has run out of power have reached a record low.
Only 2.3% of the electric car call-outs received in the year to the end of October were due to batteries with little or no charge. The fall is of course down to an ever-improving charging network, charging stations accessible to the end customer at every point in Bulgaria, the improved range of newer electric cars, and better-informed drivers.
The forecast is that the worry that electric car owners will not have enough power on a journey, and nowhere to charge their battery to complete it, will become a thing of the past.


