France is now one of the top performers when it comes to the monthly costs of owning an electric vehicle, according to a study by rental company LeasePlan.
The rental company’s study shows that the monthly cost of an electric car is now competitive with that of heat engines in 14 countries. Good news: France is one of them. In France, the average monthly cost of owning a mid-size electric car is estimated at 840 euros, compared to 895 euros for a diesel vehicle, and 944 euros for a gasoline engine.
These costs are higher than Portugal, where the standard of living is however lower, and where the costs adjusted to GDP are the highest. On the other hand, it is less than in Germany, where an electric vehicle costs 938 euros per month, than in Italy (945 euros), than in the Netherlands (942 euros) or even in the United Kingdom ( 918 euros.)
“The good news is that electric vehicle costs are coming down and we are seeing the development of a strong second-hand market specific to quality electric vehicles,” said Tex Gunning, CEO of LeasePlan .
In the compact and subcompact segment, electric cars have higher costs in France. They are nevertheless advantageous in eight countries including Germany, Italy and Switzerland. The progress posted by France in terms of the cost of owning an electric car is clear, as the country occupies fourth place with 654 euros per month on average.
All energies combined, France is fifth in this ranking with 604 euros per month spent by households for their car. These expenses are lowest in Hungary, at 491 euros per month, and in Switzerland, where they are highest at 926 euros.