Myth: Electric Cars Are More Expensive Than Gas-Powered Cars
The notion that electric vehicles (EVs) are more expensive than gas-powered cars is partly true when it comes to upfront costs. EVs tend to have higher sticker prices due to battery technology, but they often retain value better and can save on maintenance costs.

EVs require fewer routine services since they don’t have combustion engines, which means less wear and tear. However, specialized repairs can be pricier and may require dealership visits. EVs can save drivers money on fuel and maintenance over time. However, the initial purchase price is still significant.