Electric cars have significantly higher repair costs, research shows

According to an evaluation by Allianz Insurance, repairs on electric cars are often more expensive than on petrol or diesel vehicles. Photo: dpa/Carsten Koall

Although government subsidies can sometimes reduce the cost, electric cars are by and large more expensive than petrol or diesel cars, at least when considering the cost to your savings, not the environment.

But that’s only the initial cost, and the added expense that come with electric car repairs over the years is not to be underestimated.