Electricity costs more in Europe than the US, but so does gasoline, by about the same ratio. EVs in the US have lower running costs than internal combustion cars.

The EV industry in general is growing quite well in Europe. It's just that China is capturing the biggest share of that growth.

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sjducb a day ago | parent [-]

EVs are more expensive in total.

The Volvo XC90 EV is about 90k the petrol equivalent is 60k

Then if you drive 100,000 miles in it you’ll spend £20,000 on petrol.

100000 miles / 32 mpg = 3125 gal 3125 × 4.546 L = 14206 L 14206 L × £1.45/L = £20598.70 ≈ £20.6k total petrol cost

Even with free electricity petrol wins on cost.

If you buy the car used then the story changes.

	▲	DennisP 16 hours ago \| parent [-]
		I just said that China is taking the biggest share of the market, and you counter with the price of a Volvo? Prices are the biggest advantage of the Chinese models. BYD for example has the Dolphin compact at £30K, Atto 3 SUV at £38K, and Seal sports car at £46K.[1] BMW is coming on strong though, and gives us close equivalents to compare. The 2027 i3 is supposed to start at $53K according to Car and Driver,[2] and Edmunds agrees.[3] It's all-wheel drive with fast bidirectional charging, 440 miles EPA range, 463 horsepower, and plenty of high-tech features. By comparison, the gas-powered all-wheel drive 3-series starts at $50K, and has 255 horsepower.[4] The M340i has 386hp and starts at $62K, and if you want more power then you'll be up into the 70s or more.[5] For SUVs you could compare their iX3, coming out this summer, with the gasoline-powered X3. The M50 X3 at 393hp costs $67K, and the iX3 at 463hp will start at about $60K, with a 400 mile EPA range.[7] [1] https://v2charge.com/byd-car-pricing-electric-hybrid-cars/ [2] https://www.caranddriver.com/bmw/i3 [3] https://www.edmunds.com/bmw/i3/ [4] https://www.bmwusa.com/build-your-own.html#/series/3/sedan [5] https://www.bmwusa.com/build-your-own.html#/series/M3/sedan [6] https://www.caranddriver.com/bmw/x3 [7] https://www.caranddriver.com/bmw/ix3