EVs can save owners around €800 annually compared to gas-powered vehicles for 15,000 km travelled, primarily due to lower fuel costs. Charging an EV is significantly cheaper than filling up with gasoline, especially when charging at home during off-peak hours. Maintenance costs are also lower since EVs have fewer moving parts, no oil changes, and reduced wear on components like brakes due to regenerative braking. Additionally, government incentives and rebates can provide upfront savings, further reducing the overall cost of ownership. Over the vehicle's lifetime, these savings can amount to thousands of euros.

Charging times depend on the charger type and the battery size. Level 1 chargers (basic home charging) can take 17–25 hours for a full charge, while Level 2 chargers (home or public charging stations) typically take 3–8 hours. Fast chargers (Level 3 or DC fast charging) can provide up to 80% charge in 20–60 minutes. The actual time varies based on the EV model and battery capacity, but public fast chargers are ideal for quick top-ups during travel.

Most modern EVs offer a range of 320–640 kilometers on a full charge, with some high-end models, such as those from Tesla and Lucid, exceeding 800 kilometers. For long trips, charging infrastructure is continually improving, with many highways now equipped with fast-charging stations. By planning stops at these stations, EVs can comfortably handle road trips comparable to gasoline vehicles.

EV batteries typically last 10–20 years, depending on usage and climate conditions. Manufacturers usually offer warranties covering 8–10 years or 160,000–240,000 kilometers. As the battery ages, its capacity decreases slightly, reducing range by about 1–2% annually. Once it can no longer power a vehicle effectively, it may be repurposed for energy storage or recycled to recover valuable materials like lithium and cobalt.