A recent analysis of 10,000 EV vehicles shows that they only lose about 1.8% capacity per year[0], so they are perfectly useable up to 150-200k, which is the same general useful lifespan of ICE vehicles. [1] EVs and Plug-in Hybrids cost less to maintain than ICE vehicles. [2] Over 200k miles, ICE vehicles are about double the maintenance cost of EVs or Plug-in hybrids, and EVs are slightly more than Plug-in hybrids.
-At 50k miles; EVs $600, Plug-in $1,050, ICE $1,400.
-100k miles; EVs $2,000, Plug-ins $2,600, ICE $4,400.
-200k miles; EVs $6,300, Plug-ins $5,900, ICE $12,300.
EVs use about 30kWh to go 100 miles [3] and at the US national average for electricity [4], that would be about $ 9,978 to drive 200k miles. ICE vehicles vary, but 35 mpg combined is pretty average for compact cars. At the US national average for gasoline [5], that is $ 17,548 to drive 200k miles. Plug-in hybrids use about 29kWh to go 100 miles and about 48 mpg. Just assuming 50/50 driving on gas or electric, that’s about $11,220 to drive 200k miles.
So maintenance and fuel cost over 200k miles would be roughly:
-EVs $18,852
-Plug-in Hybrids $17,120
-ICE $29,848
[0] https://thedriven.io/2024/09/19/new-study-finds-vast-majorit...
[1] https://www.caranddriver.com/research/a32758625/how-many-mil...
[2] https://arstechnica.com/cars/2020/10/owning-an-electric-car-...
[3] https://www.perchenergy.com/energy-calculators/electric-car-...
[4] https://www.energybot.com/electricity-rates/
[5] https://gasprices.aaa.com/