While EVs may have a higher upfront cost, they often save money in the long run due to lower maintenance, reduced fuel costs, and government incentives. As battery technology improves and production scales up, EV prices are becoming more competitive.
Charging times vary depending on the charger type. A standard home charger (Level 1) can take 8-12 hours, while a Level 2 charger reduces this to 4-6 hours. Fast-charging stations (DC fast chargers) can charge an EV up to 80% in 20-45 minutes.
The charging infrastructure is rapidly expanding, with thousands of public charging stations available worldwide. Many governments and private companies are investing in increasing accessibility, and home charging solutions make EV ownership even more convenient.
