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BAEPS

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EV vs ICE comparison

Calculate the total cost of ownership of an electric car versus a combustion car.

Vehicles
Usage
Energy prices
› More assumptions
Electric car
ICE (petrol)

You save with the EV

€5,050

8 yrs · 15,000 km/yrs

Electric car
€35,180
€0.29 per km
ICE (petrol)
€40,230
€0.34 per km
Break-even
after 6 yrs
CO₂ in use
8.2 / 18 t
Electric car / ICE (petrol)
Cumulative costs by year (before resale)Electric carICE (petrol)
€0€20K€40K012345678Break-even
Cost breakdown
Electric carICE (petrol)
Purchase€35,000€27,000
Energy€4,080€10,530
Maintenance€3,000€6,000
Insurance & taxes€3,600€4,800
Residual value−€10,500−€8,100
Total€35,180€40,230
Show data table
YearElectric carICE (petrol)
0€35,000€27,000
1€36,335€29,666
2€37,670€32,333
3€39,005€34,999
4€40,340€37,665
5€41,675€40,331
6€43,010€42,998
7€44,345€45,664
8€45,680€48,330

Version 1: a simplified model with illustrative values for Bulgaria. The methodology will be aligned with the BAEPS total cost of ownership study. Results are indicative.