Tag: Vehicle Resale Value

Driving Long-Distance with EVs: Costs and Benefits
EV & Electric Cars, News

Driving Long-Distance with EVs: Costs and Benefits

Long road trips used to be simple—fill up, grab snacks, and hit the road. But now that electric vehicles (EVs) dominate long-distance travel, drivers face new challenges like charging times and range anxiety.Key TakeawaysSaving money on fuel costs with EVs over gas carsMaintaining vehicle value despite the wear from frequent charging stopsThe importance of planning ahead for long-distance travel in an EVModern electric vehicles offer significant savings when compared to traditional gasoline-powered cars. Charging at home costs just $0.16 per kilowatt-hour, which translates into a mere $0.04-$0.05 per mile driven—far less than the typical cost of driving on gas.But EV drivers need to plan their trips carefully because charging stops can add hours to your travel time. It's not unusual for an...