Electric Vehicles (EVs) Procurement, Forecast and Analysis Report 2030
Electric Vehicles (EVs) Cost and Pricing Analysis In this Electric Vehicle procurement intelligence report, we have estimated the pricing of the key cost components. Vehicle cost, Financing, Insurance, Purchase Taxes, Annual Registration Fee, Maintenance and Other costs. The other costs typically include home charger cost, electricity purchase, liquid fuel purchase, liquid fuel tax and electricity tax. Vehicle cost alone constitutes 49% of the total cost of ownership. Since the EVs utilize Lithium-ion batteries to run the electric motors, the cost of these batteries are very high and hold 45 - 50% of the total vehicle’s cost, which results to the higher price of every unit. Maintenance costs of an electric vehicle is $315 - $325 lesser in comparison to ICE vehicle if it used as per the maintenance guidelines outlined by the manufacturer. Order your copy of the Electric Vehicles (EVs) category procurement intelligence report 2023-2030, published by Grand View Research, to ...