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EV and PHEV owners spend 50% less on maintenance, finds Consumer Reports

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One of the attractions of electric vehicles is that they’ll cost less to maintain and repair versus gasoline-powered vehicles. In a whitepaper released Thursday, the consumer advocacy organization behind Consumer Reports, informed by CR’s reliability survey data, tested that assumption against the real-world experiences of its members.

Their findings are quite stunning and definitely uphold the idea that there are significant savings to be had, offsetting some of the typically higher purchase price of these vehicles: 

Consumer Reports analyzed its 2019 and 2020 reliability survey data for thousands of electric and gas-powered vehicles, and found that drivers of electric vehicles are saving an average of 50% on maintenance and repair over the life of a vehicle compared to owners of gas-powered vehicles. 

Consumer Reports – Sept 24th 2020

They go on to explain the typical cost-per-mile for each type of vehicle illustrating a clear benefit to both EVs and PHEVs:

  • BEV (Battery-Electric Vehicle): $0.03/mile
  • PHEV (Plug-in Hybrid Electric Vehicle): $0.03/mile
  • ICE (Internal Combustion Engine): $0.06/mile

You can read more details at Consumer Reports.

What do you think?