This analysis shows that mid-size electric vehicles (EVs) are now very competitive in terms of cost compared to petrol and diesel cars. Furthermore, EVs in the popular mid-size segment (D2) are fully cost competitive compared to internal combustion engine (ICE) vehicles in 14 countries, including Austria, Belgium, Denmark, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.
On the other hand, electric vehicles in the compact segment (C1) are fully cost competitive compared to integrated electric vehicles in 8 countries: Germany, Italy, the Netherlands, Norway, Portugal, Sweden, Switzerland, the United Kingdom.
The average monthly cost of driving a car varies greatly across Europe, from ?491 per month in Hungary to ?926 per month in Switzerland. Meanwhile, in Spain this figure is 602 euros, which places our country among the four cheapest, along with Hungary, Greece and the Czech Republic.
In relation to GDP, the total cost of ownership is higher for drivers in Italy and Portugal, and lower for drivers in Denmark and Sweden. Also, Norway and Switzerland are the most expensive places to drive ECI cars. In contrast, electric cars are significantly cheaper than all ECIs in Norway and cheaper than gasoline cars in Switzerland. Hungary is the cheapest place to drive a petrol car, while Greece is the cheapest place to drive a diesel car.