How ex­pen­sive are elec­tric ve­hi­cles?

Finweek English Edition - - Cover Story -

Ac­cord­ing to on­line news site Busi­nessTech, own­ing an elec­tric ve­hi­cle (EV), ei­ther in the form of a pure bat­tery-pow­ered (BEV) or a hy­brid of some kind, is ex­pen­sive. BMW’s BEV, the 1.3, costs R606 800, while the more pop­u­lar Nis­san Leaf re­tails at R474 900.

As for hy­brids, the MercedesBenz C350e re­tails at R804 900 while the Volvo XC90 and the Porsche Cayenne 2 cost R1.2m and R1.5m re­spec­tively. Busi­nessTech also makes the point that while some of th­ese ve­hi­cles are cheaper to recharge than filling up the tank with petrol or diesel, there is the ex­pense of time re­lated to recharg­ing and the lower range of some ve­hi­cles. “The ma­jor­ity of elec­tric ve­hi­cles cur­rently on the mar­ket can only han­dle be­tween 120km to 320km on a sin­gle charge,” it re­ported.

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