THE COST OF AN EV

Reap the benefits of less maintenance costs and immense savings per kilometre by transitioning to electric.

Electric vehicle technology is younger and more sophisticated than that of traditional fossil fuel powered vehicles. So, the upfront cost of an EV remains relatively high. However, you will soon pay off the cost difference between an EV and a petrol car, because electric vehicles are significantly cheaper to run and maintain. The long-term savings definitely outweigh the initial price tag! Most EV drivers save over $2,000 per year in petrol bills. Check out this handy total cost of vehicle ownership tool from Gen Less to see how an electric vehicle would impact your current transport costs.

Also, New Zealand has implemented a raft of discount policies to reduce the upfront cost of electric vehicles. If you are registering a new or used plug-in electric or hybrid vehicle in NZ for the first time, you are eligible for a substantial rebate. EV users are also exempt from Road User Charges until 2024. You can read more about the cost-saving incentives for EV owners here.

THE COST TO RUN AN EV DEPENDS ON