Electric car still more expensive, but gap is closing
Dutch driver association ANWB figured out how much an electric car is still more expensive than a petrol car, approximately 10% they claim. This price difference is practically the same in Belgium, but the gap is closing.
ANWB took the average cost of 13 electrical cars (middle class) and compared them to 13 petrol cars. A very expensive car like the Tesla Model S was not in the “basket”, the most expensive was the BMW i3. It is the first time that ANWB is doing this price monitoring, but they intend to reciprocate it every year.
Price (sell/resell) makes the difference
What makes the biggest difference is the price of the car: an electric car is more expensive when you buy it and until now you get less money back when you sell it. On practically all other terrains, including fiscal contributions, the electric car is (much) cheaper. The verdict is that at this moment an electric car is still 10% more expensive: 55,9 eurocent/km against 50,6 eurocent/km for a comparable petrol car.
Approximately 40% of the Dutch car buyers are interested in buying an electric car, one third of them considers doing this within 5 years. Most non-buyers are still reticent about the range (ANWB calculated it at an average of 221 km), a lot of them want also to go on holiday with their car and say it’s not feasible with an electric one.
Same evolution in Belgium
Until now electric cars were not so popular in Belgium compared to the Netherlands, but sales have been increasing spectacularly in recent months, although the total amount is still very marginal. The price difference between an electric car and a petrol car may be still a little bit higher, but here also the difference is decreasing.
The biggest problem at the moment is the low resale value for electric cars, but that is changing rapidly now that retailers have growing confidence in the battery technology. For the moment it is still the most interesting to buy a small electric car unless the car is on the company, in that case tax deduction still plays a major role.
The whole industry is taking into account that the growth of sales for the electrical car will be exponential the following years because of better and cheaper batteries (more range at al lower price), a higher resale value and a more charge-friendly infrastructure.