EV Total Cost of Ownership Calculator
Calculate the true total cost of owning an EV over any time period — purchase price, charging, maintenance, insurance, and depreciation.
📊 EV Total Cost of Ownership
Results
Charging Cost2,500
Maintenance2,000
Insurance7,500
Depreciation19,470
Total Cost of Ownership31,470
Cost per km0.31
💡 How to Calculate EV Total Cost of Ownership
Total Cost of Ownership (TCO) includes: charging costs + maintenance + insurance + depreciation over your ownership period. This gives you the true running cost beyond the sticker price.
EV maintenance is significantly lower: no oil changes, brakes last longer (regenerative braking), no transmission service, no exhaust repairs. The main EV maintenance items are tyres, cabin air filter, and coolant — that's it.
5-year TCO for a 35,000 EV at 20,000 km/yr: Charging ≈ 2,500, Maintenance ≈ 2,000, Insurance ≈ 7,500, Depreciation ≈ 12,250. Total running cost = 24,250. Cost per km ≈ 0.24.