An EV should save you a significant amount of money compared to the majority of new ICE vehicles. This is primarily due to the costs to power an EV which range from zero (if you primarily charge from home solar or use Destination Charging) to around a third of an ICE vehicle if you pay for the electricity.

In addition to saving you money, an EV will also significantly reduce your household’s carbon footprint, especially if you can combine the EV with a home solar system. If you charge direct from home solar then your emissions will be zero over 10 years compared to approximately 20 tons of CO2e for an ICE vehicle. Even if you charge from the grid then your CO2e emissions will be approximately 50% of that of an ICE vehicle, and this figure will decrease further as Australia reduces the amount of power generated from coal and gas.

One of the biggest myths surrounding EVs is that their battery packs will need frequent replacement.
This is simply not true. Critics need to look no further than the example of German motorist Hansjorg von Gemmingen, who has driven 1.9 million kilometres in his 2013 Tesla! The battery has been replaced three times giving an average of over 630,000 kilometres per battery (and battery technology has significantly improved since 2013). The average Australian motorist covers 12,000 km per annum, which at this rate would give them a whopping 54 years’ worth of battery life.