EV Costs

When it comes to buying an electric vehicle (EV) there are 2 types for you to consider:

  • Battery Electric Vehicles (BEVs)
    • 100% electric and relies only on a battery
  • Plug-in Hybrid Electric Vehicles (PHEVs)
    • Using both power and gas, the engine turns on when the battery is near empty or when more performance is required

To learn more about the types of BEVs and PHEVs available in Canada, please visit CAA for a full list of vehicles.

Fuel Costs

The cost to charge an EV depends on the:

  • model
  • battery
  • charging location

For example, to charge a Chevrolet Bolt, with a 65-kilowatt hour battery:

  • At your home
    • Costs about $10
    • View a calculation breakdown on our FAQs webpage
  • At a Public Level 2 charging station
    • Costs about $1.50 to $2 per hour
    • 1 hour of charging can provide about 30 kilometers (km) of driving range
  • At a fast-charging station
    • Costs about $20 per hour
    • 1 hour of charging can provide around 250 km of driving range

Check out our cost calculator to compare your current vehicle’s fuel costs with a wide range of EVs.

Maintenance Costs

The cost to maintain an EV is about 70% less than gas-powered vehicles.

This is because EVs don’t have the moving parts like gas-powered vehicles. You’ll never need to change the oil, or replace parts like belts, coolants, oil filters or spark plugs.

EVs also rely on regenerative braking systems. This means less wear and tear on discs and pads and longer lasting brakes.

Incentives to Buy

The Government of Canada is encouraging the adoption of zero emission vehicles (ZEVs) through various incentive programs. For current availability, eligibility requirements and more information visit their website.

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